Question: Please let me know and round to the nearest tenth if needed Company A and Company B entered into a joint venture in the following

Please let me know and round to the nearest tenth if needed

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)

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!

Please let me know and round to the nearest tenth if needed! QUESTION 12 You are considering buying a company using leveraged buyout. The company is projected to have sales of 200 million in the...

A company sells sets of kitchen knives. A Basic Set consists of 2 utility knives and 1 chef's knife. A Regular Set consists of 2 utility knives, 1 chef's knife, and 1 slicer, A Deluxe Set consists of...

Please help me with the following questions. 1. Use the vector u = (U1, ..., Un ) to verify the following algebraic properties of R a. u+ ( - u) = ( - u) + u=0 b. c(du) = (cd)u for all scalars c and...

I need the las section answers and if there are any wrong numbers in the ones I answered please let me know. Thanks! On January 1,2017, the ledger of Crane Company contained these liability accounts...

Read the case scenario and use the text provided to support your answer and only used the text provided Case Scenario Dion is an engineer with Tesla Motors who helps to design electric motors. It has...

Hello Vjvgoe, I have attacked the template I'm required to use to create the master budget for "Frenchies Prompt". I would need like an initial starting process so I can grasp the information little...

Use the 2019 tax tables, available online Instructions Comprehensive Problem 1 - Part 3: Form 2441 (page 1), Schedule E, Form 4562, Child Tax Credit Worksheet, Form 8995, and schedule 8812. Note:...

Hello I've attached an Excel file (NZ1832) and I got these questions wrong: 6.01, 6.02, 6.03, 6.04, 9.01, 9.04, 9.05, 9.06, 9.09, 9.12, 9.13, 10.01, 10.03, 10.04, 10.05, 10.07, 13.01, 15.01, 15.02,...

Tax Return #3Schedule A John and Susie Ryan are married and file a joint return. John's social security number is 412-34-5670 and his date of birth is May 12, 1976. Susie's social security number is...

Use indefinite integrals to solve the following differential equations. Sketch a graph of the rate of change and the solution on the given domain. dM/dt = t2 + 1/t2 with M(3) = 10.0. Sketch the rate...

Indicate whether each item a through o would be included in (1) a plan asset reconciliation, (2) a PBO reconciliation, and/or (3) a schedule of pension expense. An item may appear in more than one...

The adjusting entry to record the amount of interest from lending money to others that will be collected later is a ( n ) Blank _ _ _ _ _ _ adjustment and will cause an increase in Blank _ _ _ _ _ _...

In the form of alternative dispute resolution (ADR) called court-annexed arbitration: Multiple Choice a neutral third party is called in to mediate. trial courts decide on certain types of criminal la