Firm a has a value of $100 million, and b has a value of $70 million. Merging the two would allow a cost savings with a present value of $20 million. Firm a purchases b for $75 million. How much do firm a shareholders gain from this merger?
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It is a systematic process of identifying, recording, measuring, classifying, verifying, summarizing, interpreting and communicating financial information. It reveals profit or loss for a given period, and the value and nature of a firm's assets, liabilities and owners' equity. Accounting provides information on the.
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