Question: help 14 Moving to another question will save this response Question 1438 0.5 points Question 14 Touran has agreed to be acquired by Firon Inc.

help 14

Moving to another question will save this response Question 1438 0.5 points Question 14 Touran has agreed to be acquired by Firon Inc. in exchange for $30,000 worth of Firon Inc. Products stock. Firon Inc, has 3,000 shares of stock outstanding at a price of S28 a share. Touran Inc. has 1,200 shares outstanding with a market value of $20 a share. The incremental value of the acquisition is $1,400. What is the value of Firon Inc. Products after the merger? 1.S113,000 2.883.000 03 $109.400 4 S111.600

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