Firms a and B Were Each Currently Worth $50 Million

question 70

Multiple Choice

Firms A and B were each currently worth $50 million but generated a $20 million gain when merged.If the cost of the merger was $5 million,how much did firm A pay for firm B?

• A) $50 million
• B) $55 million
• C) $60 million
• D) $65 million

---

Definitions:

Natural Resources

Raw materials and substances occurring in nature that can be used for economic gain, such as minerals, forests, water, and fertile land.

Protecting Environment

Activities and practices aimed at preserving natural resources and reducing pollution and waste to safeguard the planet's ecosystems.

Probate Process

The legal procedure through which a deceased person's will is validated, and their estate is distributed to heirs and beneficiaries.

Property Transfer

The act of transferring ownership of property from one party to another, including real estate, vehicles, or other assets.