7 Acquirer Shares Outstanding 1,000,000 Target Shares Outstanding 25,000 Acquirer Share Price $5.00 Target Share Price $10.00 Stock Consideration $400,000 Cash Consideration $200,000 Share Issuance Discount 2% Tax Rate 25% Given the following data, calculate the pro forma number of shares outstanding (Rounding to the closest whole number). Review Later

Agovernment receives a gift of cash and investments with a fair value of $200,000. the donor specified that the earnings from the gift must be used to beautify city-owned parks and the principal must be re-invested. the $200,000 gift should be accounted for in which of the following funds? a) general fund b) private-purpose trust fund c) agency fund d) permanent fund

Suppose a holiday inn hotel has annual fixed costs applicable to its rooms of $1.2 million for its 300-room hotel, average daily room rents of $50, and average variable costs of $10 for each room rented. it operates 365 days per year. the amount of operating income on rooms, assuming an occupancy* rate of 80% for the year, that will be generated for the entire year is *occupancy = % of rooms rented

One pound of material is required for each finished unit. the inventory of materials at the end of each month should equal 20% of the following month's production needs. purchases of raw materials for february would be budgeted to be: