Silver Enterprises Has Acquired All Gold Mining in a Merger

question 74

Multiple Choice

Silver Enterprises has acquired All Gold Mining in a merger transaction.The following balance sheets represent the premerger book values for both firms. Assume the merger is treated as a pooling of interests for accounting purposes.The total assets are _____ and the total equity is _____ on the post-merger balance sheet.

• A)$24,500; $10,500
• B)$24,500; $18,200
• C)$26,300; $10,500
• D)$26,300; $16,600
• E)$27,500; $19,400

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