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The Book Value of Current Assets of the Bidder Is

Question 65

Multiple Choice

The book value of current assets of the bidder is $25,000, the book value of current assets of the target is $3,500, and the fair market value of current assets of the target is $2,900.What is the book value of current assets post acquisition?


A) $25,000
B) $28,500
C) $27,900
D) $2,900

Correct Answer:

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