Vani will purchase 100% of Graham. The expected completion date is January 1st. It will be...
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Vani will purchase 100% of Graham. The expected completion date is January 1st. It will be an all equity deal. Synergies are expected at 20% of Graham's SG&A per annum (evenly throughout the year from day 1 post deal). The marginal tax rate is 30%. Deal goodwill of 400 will be created. Vani reports to the end of December. Calculate consolidated net income using the standalone forecasts below for the year to December. Round your answer to 1 decimal place. Sales COGS Gross profit SG&A Operating profit Net interest expense Profit before tax Tax expense Net income Answer: Vani Graham 30,676.2 13,416.0 18,404.0 8,316.2 12,272.2 5,099.8 7,671.2 4,024.8 4,601.0 1,075.0 258.0 64.5 4,343.0 1,010.5 1,479.2 301.0 2,863.80 709.5 Vani will purchase 100% of Graham. The expected completion date is January 1st. It will be an all equity deal. Synergies are expected at 20% of Graham's SG&A per annum (evenly throughout the year from day 1 post deal). The marginal tax rate is 30%. Deal goodwill of 400 will be created. Vani reports to the end of December. Calculate consolidated net income using the standalone forecasts below for the year to December. Round your answer to 1 decimal place. Sales COGS Gross profit SG&A Operating profit Net interest expense Profit before tax Tax expense Net income Answer: Vani Graham 30,676.2 13,416.0 18,404.0 8,316.2 12,272.2 5,099.8 7,671.2 4,024.8 4,601.0 1,075.0 258.0 64.5 4,343.0 1,010.5 1,479.2 301.0 2,863.80 709.5
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To calculate the consolidated net income for Vani after acquiring Graham well need to consider the i... View the full answer
Related Book For
Business Law The Ethical Global and E-Commerce Environment
ISBN: 978-0071317658
15th edition
Authors: Jane Mallor, James Barnes, Thomas Bowers, Arlen Langvardt
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