Silver Enterprises Has Acquired All Gold Mining in a Merger

question 26

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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