Price = $8

question 69

Multiple Choice

Price = $8.10 × 7.5 = $60.75 (see problem #40 for EPS calculation)
Millicom is acquiring Vikonic's outstanding common stock for $15 million. Financial information (in $ millions) on these two firms prior to the acquisition is as follows:

-What are the total assets and stockholders' equity (in $ millions) if the purchase method is used as the accounting method for this merger?

• A)$130, $63
• B)$130, $67
• C)$132, $65
• D)$132, $67

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Definitions:

Emergent Norm

Emergent norms refer to behaviors that develop in response to a new or unusual situation, where traditional norms do not apply, and guide participants' actions within the context of that situation.

Technological Determinism

A theory of social change that assumes changes in technology drive changes in society, rather than vice versa.

Low-Carb Diet

A dietary plan that reduces carbohydrate intake in favor of proteins and fats, aimed at weight loss or health maintenance.

Paleo

Often associated with the Paleolithic diet, which is based on the presumed dietary patterns of ancient humans, emphasizing whole foods and limiting processed foods.