An acquirer has a book value for its current assets of $25,000 and market value of current assets of $200,000.The target has a book value for its current assets of $3,500 and market value of current assets of $7,200.What is the book value of current assets after acquisition?
A) $25,000
B) $28,500
C) $203,500
D) $207,200

Question

Quizplus · Accepted Answer

Current assets after acquisition=$25,000+$3,500=$28,500.

An Acquirer Has a Book Value for Its Current Assets