MCorp,with a book value of $20 million and a market value of $30 million,has merged with NCorp,with a book value of $6 million and a market value of $8 million at a price of $9 million.Under the purchase method,what will be the total assets on the book of the new merged firm?
A)$26 million
B)$29 million
C)$38 million
D)$39 million

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The Answer of MCorp,with a book value of $20 million and a market value of $30 million,has merged with NCorp,with a book value of $6 million and a market value of $8 million at a price of $9 million.Under the purchase method,what will be the total assets on the book of the new merged firm?
A)$26 million
B)$29 million
C)$38 million
D)$39 million

MCorp,with a Book Value of $20 Million and a Market