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Firm a Is Planning on Merging with Firm B

question 71

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Firm A is planning on merging with Firm B. Firm A will pay Firm B's stockholders the current value of their stock in shares of Firm A. Firm A currently has 2,300 shares of stock outstanding at a market price of $20 a share. Firm B has 1,800 shares outstanding at a price of $15 a share. What is the value per share of the merged firm?

Understand the purpose and usage of petty cash funds in companies.
Perform bank reconciliation through the correct adjustment of book and bank balances.
Calculate the proceeds from discounting notes receivable at a bank.
Record the replenishment and expenses related to petty cash funds correctly.

Definitions:

Pancreatic Juices

Digestive fluids produced by the pancreas that contain enzymes to help break down carbohydrates, proteins, and fats.

Bile

A digestive fluid produced by the liver and stored in the gallbladder, involved in the digestion of fats.

Small Intestine

A long, coiled part of the digestive system where most of the digestion and absorption of nutrients occurs.

Diarrhea

A condition characterized by frequent and watery bowel movements, often indicating gastrointestinal distress or infection.

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