Company A and Company B entered into a joint venture in the following way: Company A...
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Company A and Company B entered into a joint venture in the following way: Company A contributed 10 million worth of assets to the joint venture, and Company B contributed 30 million worth of assets to the joint venture. Company A paid Company B cash of 19.6 million. Afterwards, Company A owned 60% of the joint venture and Company B owned 40%. What is the control premium that Company A is paying (Enter the answer in percentage number)? Company A and Company B entered into a joint venture in the following way: Company A contributed 10 million worth of assets to the joint venture, and Company B contributed 30 million worth of assets to the joint venture. Company A paid Company B cash of 19.6 million. Afterwards, Company A owned 60% of the joint venture and Company B owned 40%. What is the control premium that Company A is paying (Enter the answer in percentage number)?
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To calculate the control premium that Company A is paying we need to compare the cash p... View the full answer
Related Book For
Auditing and Assurance Services A Systematic Approach
ISBN: 978-1259162343
9th edition
Authors: William Messier, Steven Glover, Douglas Prawitt
Posted Date:
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