Answered>Order 3293
Totalfresh Food Inc. is considering the acquisition of GreenVeg at a cash price of $7,200,000. Totalfresh and GreenVeg have annual earnings of $3,500,000 and $600,000, respectively. When they merge it is expected that $400,000 additional cash flow will be generated next year and the cash flow will continue to grow at 2% per annum thereafter. […]