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Forums › Ask ACCA Tutor Forums › Ask the Tutor ACCA AFM Exams › September/December 2015 Question 1 part (b)
In the above question can you please explain how the examiner has obtained the answer as $128m as the value attributable to shareholders before tax savings and redundancy benefits. I mean why has he deducted $37478m from $37350m ?
Because the value is higher than the value of what they are buying – therefore the extra value is the benefit to the shareholders.
