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Business, 10.05.2021 19:30 Aestheticblue

Taylor's Hardware is acquiring The Corner Store for $35,000 in cash. Taylor's has 2,200 shares of stock outstanding at a market value of $17 a share. The Corner Store has 1,400 shares of stock outstanding at a market price of $24 a share. Neither firm has any debt. The incremental value of the acquisition is $2,000. What is the value of Taylor's Hardware after the acquisition? $35,150 $38,000 $42,750 $32,490 $44,080

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Taylor's Hardware is acquiring The Corner Store for $35,000 in cash. Taylor's has 2,200 shares of st...

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