EXERCISE 12 METRO is going to merge with MEDEC, with METRO as the surviving firm. It is agreed that the exchange ratio is 1:2 Metro (RM *000) Medec(RM 000) Assets Current assets 50 70 Fixed assets 650...

EXERCISE 12<br>METRO is going to merge with MEDEC, with METRO as the surviving firm. It is agreed<br>that the exchange ratio is 1:2<br>Metro (RM<br>*000)<br>Medec(RM 000)<br>Assets<br>Current assets<br>50<br>70<br>Fixed assets<br>650<br>700<br>180<br>250<br>Liabilities and Equities<br>Current liabilities<br>Long term debt<br>Common stock (RM1 par)<br>Capital surplus<br>Retained earnings<br>30<br>10<br>140<br>60<br>400<br>80<br>50<br>80<br>30<br>250<br>700<br>Earnings available to common stockholders<br>Common Dividends<br>100<br>130<br>100<br>50<br>Addition to Retained Earnings<br>50<br>30<br>SITI RAHAYU BELI/FPP/UITM SABAH<br>Page 25<br>Prepare a post merger financial position for METRO using the pooling of interest method.<br>

Extracted text: EXERCISE 12 METRO is going to merge with MEDEC, with METRO as the surviving firm. It is agreed that the exchange ratio is 1:2 Metro (RM *000) Medec(RM 000) Assets Current assets 50 70 Fixed assets 650 700 180 250 Liabilities and Equities Current liabilities Long term debt Common stock (RM1 par) Capital surplus Retained earnings 30 10 140 60 400 80 50 80 30 250 700 Earnings available to common stockholders Common Dividends 100 130 100 50 Addition to Retained Earnings 50 30 SITI RAHAYU BELI/FPP/UITM SABAH Page 25 Prepare a post merger financial position for METRO using the pooling of interest method.

Jun 10, 2022

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EXERCISE 12 METRO is going to merge with MEDEC, with METRO as the surviving firm. It is agreed that the exchange ratio is 1:2 Metro (RM *000) Medec(RM 000) Assets Current assets 50 70 Fixed assets 650...

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