Question: Carsen's Centre, Inc. has $2.85 million in net working capital. The firm has fixed assets with a book value of $31.67 million and a market

Carsen's Centre, Inc. has $2.85 million in net working capital. The firm has fixed assets with a book value of $31.67 million and a market value of $33.98 million. Krystal's is buying Carsen's Centre, Inc. and have recorded a goodwill of $1.57 million as a result of the acquisition. What is the price paid for the merger by Krystal?

a. 36.10 million

b. 35.26 million

c. 36.83 million

d. 38.40 million

e. 30.20 million

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer

Step: 1 Unlock blur-text-image

Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock

Step: 3 Unlock

Students Have Also Explored These Related Finance Questions!

Carsen's Centre, Inc. has $2.85 million in net working capital. The firm has fixed assets with a book value of $31.67 million and a market value of $33.98 million. Krystal's is buying Carsen's...

Karen's Centre, Inc. has $2.85 million in net working capital. The firm has fixed assets with a book value of $31.67 million and a market value of $33.98 million. Krystal's is buying Karen's Centre,...

Carsen's Centre, Inc. has $2.85 million in net working capital. The firm has fixed assets with a book value of $31.67 million and a market value of $33.98 million. Krystal's is buying Carsen's...

Carsens Centre, Inc. has $2.85 million in net working capital. The firm has fixed assets with a book value of $31.67 million and a market value of $33.98 million. Krystals is buying Carsens Centre,...

Carsen's Centre, Inc. has $2.85 million in net working capital. The firm has fixed assets with a book value of $30.09 million and a market value of $31.68 million. Krystal's is buying Carsen's...

Question 1 and 2 Part2:Analysis,AnswerAll.30% 1. Turner's has $3.8 million in net working capital. The firm has fixed assets book value of $48.6 million and a market value of $54.2 million. is buying...

228. Carsen's Centre, Inc. has $2.85 million in net working capital. The rm has xed assets with a book value of $31.67 million and a market value of $33.98 million. Krystal's is buying Carsen's...

QUESTION 27 Turner, Inc. has $4.2 million in net working capital. The firm has fixed assets with a book value of $48.6 million and a market value of $53.4 million. Martin & Sons is buying Turner,...

Question 23 (1 point) ABC, Inc. has $4.2 million in net working capital. The firm has fixed assets with a book value of $48.6 million and a market value of $53.4 million. XYZ Co. is buying ABC, Inc....

Problem 2: On January 1, 2020. The capital balances of Partners Ryu and Jin have capital balances of P400,000 and P600,000, respectively. The following investments and withdrawals occurred during...

At the beginning of the year, you purchased a share of stock for $ 35. Over the year the dividends paid on the stock were $ 2.75 per share. a. Calculate the return if the price of the stock at the...

Mary made her first contribution to a Roth IRA at age 5 2 . When is the first time she can take a qualified tax - free distribution ( assume no disability, death or first - time home purchase )...

A certification in Cisco network LINUX / UNIX , or Check Point Firewall administration or a CISSP credential could benefit one's career in ( BLANK ) . q , database administration project management...