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Mergers & Acquisitions (M&A) Modeling EXAM
ACTUAL COMPLETE REAL VERIFIED EXAM
QUESTIONS WITH ACCURATE ANSWERS (VERIFIED
ANSWERS) || ALREADY GRADED A+ / NEWEST
EXAM!!!
Given the data in the above table, calculate equity value
per share of this hypothetical company. (Round to 2
decimal points)
Shares outstanding
150,000
Cash
120,000
Tax Rate
6%
Discount Rate
2%
Enterprise Value
300,000
Debt
90,000
Perpetual Growth Rate
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5%
A. $2.20
B. $2.50
C. $3.00
D. $2.00 - Answer-A. $2.20
Given the above screenshot, what is the correct closing
cash balance in cell O29? (Rounding to the closest whole
number) (SAVED IN ICLOUD (OR DESKTOP B/C
STORAGE FULL) AS "CBCA M AND A MODELING
QUALIFIED ASSESSMENT Q4 SCREENSHOT" ON DEC.
28TH, 2022)).
A. 29,585
B. 32,201
C. 28,505
D. 17,890 - Answer-C. 28,505
Given the data in the above table, calculate the share
exchange ratio:
Target Share Price
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$15.50
Takeover Premium
10%
Acquirer Share Price
$6.50
Target Shares Outstanding
300
Acquirer Shares Outstanding
700
A. 1.12
B. 0.46
C. 2.62
D. 4.19 - Answer-C. 2.62
What is the correct formula for Goodwill?
A. Market value of acquirer - net identifiable assets of
target
B. Price paid - fair market value of net identifiable assets
of target
C. Market value of acquirer - fair market value of target
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D. Book value of target's equity + Adjustments - Answer-B.
Price paid - fair market value of net identifiable assets of
target
ABC Co. is considering an acquisition of XYZ Co. for a
cash offer that values XYZ at 20% higher than its current
market capitalization. Given the above data, calculate the
takeover premium in dollar terms (Round to the closest
dollar).
ABC Co. Stock Price
$26.00
XYZ Co. Stock Price
$10.00
ABC Co. Cash
$2,000,000
XYZ Co. Cash
$1,500,000
ABC Co. Shares Outstanding
300,000
XYZ Co. Shares Outstanding
150,000
Mergers & Acquisitions (M&A) Modeling EXAM
ACTUAL COMPLETE REAL VERIFIED EXAM
QUESTIONS WITH ACCURATE ANSWERS (VERIFIED
ANSWERS) || ALREADY GRADED A+ / NEWEST
EXAM!!!
Given the data in the above table, calculate equity value
per share of this hypothetical company. (Round to 2
decimal points)
Shares outstanding
150,000
Cash
120,000
Tax Rate
6%
Discount Rate
2%
Enterprise Value
300,000
Debt
90,000
Perpetual Growth Rate
,2|Page
5%
A. $2.20
B. $2.50
C. $3.00
D. $2.00 - Answer-A. $2.20
Given the above screenshot, what is the correct closing
cash balance in cell O29? (Rounding to the closest whole
number) (SAVED IN ICLOUD (OR DESKTOP B/C
STORAGE FULL) AS "CBCA M AND A MODELING
QUALIFIED ASSESSMENT Q4 SCREENSHOT" ON DEC.
28TH, 2022)).
A. 29,585
B. 32,201
C. 28,505
D. 17,890 - Answer-C. 28,505
Given the data in the above table, calculate the share
exchange ratio:
Target Share Price
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$15.50
Takeover Premium
10%
Acquirer Share Price
$6.50
Target Shares Outstanding
300
Acquirer Shares Outstanding
700
A. 1.12
B. 0.46
C. 2.62
D. 4.19 - Answer-C. 2.62
What is the correct formula for Goodwill?
A. Market value of acquirer - net identifiable assets of
target
B. Price paid - fair market value of net identifiable assets
of target
C. Market value of acquirer - fair market value of target
, 4|Page
D. Book value of target's equity + Adjustments - Answer-B.
Price paid - fair market value of net identifiable assets of
target
ABC Co. is considering an acquisition of XYZ Co. for a
cash offer that values XYZ at 20% higher than its current
market capitalization. Given the above data, calculate the
takeover premium in dollar terms (Round to the closest
dollar).
ABC Co. Stock Price
$26.00
XYZ Co. Stock Price
$10.00
ABC Co. Cash
$2,000,000
XYZ Co. Cash
$1,500,000
ABC Co. Shares Outstanding
300,000
XYZ Co. Shares Outstanding
150,000
