" A secured loan is, a loan in which borrower pledges some asset as calateral for the loan, which them becomes a secured dept owned to the creditor who gives the loan."
Answer:
a. by making long trips less expensive
b. by making long trips in less time
c. by opening up new trade markets
e. by increasing travel options
Explanation:
Answer:
Journal Entry
Dr. Contingent Consideration Liability $500,000
Cr. Goodwill $500,000
Explanation:
It is assumed that the decline in the fair value is the correction of the acquisition entry. It means due to this event the consideration liability and goodwill are overstated we need to rectify the balances.
Hence,
The contingent consideration liability will be debited to reduce the liability and goodwill will also be decreased by crediting the goodwill account.
Answer:
$3,675
Explanation:
Calculation to determine the amount of the annual interest tax shield
Using this formula
Annual interest tax shield=Outstanding face value*Coupon rate*Tax rate
Let plug in the formula
Annual interest tax shield = $250,000 *.07 *.21
Annual interest tax shield= $3,675
Therefore the amount of the annual interest tax shield is $3,675
Answer:
D. They are primarily satisfied by establishing and maintaining close interpersonal relationships.
