Taylor's Hardware Is Acquiring the Corner Store for $20,000 in Cash

question 11

Multiple Choice

Taylor's Hardware is acquiring The Corner Store for $20,000 in cash. Taylor's has 1,500 shares of stock outstanding at a market value of $46 a share. The Corner Store has 2,200 shares of stock outstanding at a market price of $8 a share. Neither firm has any debt. The incremental value of the acquisition is $3,500. What is the value of Taylor's Hardware after the acquisition?

• A)$49,000
• B)$50,300
• C)$67,300
• D)$70,100
• E)$72,400

Identify the legal, ethical, economic, and discretionary responsibilities of organizations.

Analyze real-world business strategies through the lens of CSR.

Comprehend the impact of CSR strategies on stakeholder satisfaction and organizational performance.

Describe the utilitarian view of ethical behavior and its significance in business decisions.

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Definitions:

Segmented Worms

Invertebrates characterized by a segmented body plan, belonging to the phylum Annelida, which includes earthworms and leeches.

Phylum

A principal taxonomic category that ranks above class and below kingdom, grouping together organisms that share a basic structural and developmental pattern.

Phylum

A classification in the biological taxonomy that is below kingdom and above class, used to group organisms with a common plan of structure or development.

Phylum

A major classification of living organisms, ranking above class and below kingdom, that groups together organisms with a common basic structure.