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topjm [15]
3 years ago
9

Under the Fair Credit Reporting Act, individuals rejected for insurance due to information contained in a consumer report (Choos

e from the following options)
1. Are entitled to obtain a copy of the report from the party who ordered it.
2. Must be advised that a copy of the report is available to anyone who requests it.
3. May sue the reporting agency in order to get inaccurate data corrected.
4. Must be informed of the source of the report.
Business
1 answer:
Lana71 [14]3 years ago
5 0
I’m sorry I just need points
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1. Sheetz Company is purchased by Pulsar Corporation, at an acquisition cost that is $25,000,000 greater than the fair value of
emmasim [6.3K]

Answer:

a. Dr goodwill; credit building for $8,000,000

Explanation:

Goodwill refers to excess of purchase consideration over net assets value of an entity in case of acquisition.

Goodwill is an intangible asset which is recorded as follows on the date of acquisition.

Journal entry for Goodwill is;

Goodwill A/C                             Dr

Net Assets Acquired                 Dr.

     To Purchase Consideration

(Being goodwill recorded)

In the given case, building was acquired for $15,000,000 against it's fair value which was only $7,000,000. The excess price paid for such acquisition represents goodwill which shall be recorded as;

Goodwill A/C ($15,000,000- $7,000,000)  Dr. $8,000,000

             To Building                                                $8,000,000

(Being goodwill recorded)

5 0
3 years ago
Suppose the market for pizzas is unregulated. That is, pizza prices are free to adjust based on the forces of supply and demand.
Ghella [55]

Answer:

The correct word for the blank space is: lower; buyers to offer higher prices.

Explanation:

In a market driven by supply and demand laws, shortages are caused because of excess in demand as a result of lower prices. Thus, that price is lower than the equilibrium price. Besides, if there is a need to push that price to its equilibrium level, sellers will have to increase the price implying buyers will have to offer higher prices.

5 0
3 years ago
State whether the following actions will increase or decrease GDP: a. An individual sells her house on her own. b. An individual
statuscvo [17]

Answer:

a. An individual sells her house on her own.  

         GDP is not affected.

b. An individual sells his house through a broker.

         GDP is not affected.  

c. Government increases Social Security payments.  

          GDP is not affected.

d. Stock prices rise by 20 percent.

   GDP will increase.

Explanation:

Selling a house by an individual does not affect the Gross Domestic Product of a Country.  

Selling a house by a broker will also not affect the Gross Domestic Product of a Country.

When a Government increases the social security payments, this result in transfer of money from government to social security account but it does not generate any goods are services in the country.

When the stock prices increases in the country, there is more likely that the individuals will invest in the stocks. So investments will increase and thus GDP will rise.  

5 0
3 years ago
Carolina is the vice president of the environmental club at her high school. She is in charge of e-mailing members about upcomin
Basile [38]

Answer:

Downward communication

Explanation:

She is a higher up in the club, and conveys information to the rest of the club members, who don't have as much of an important position. Her job is to move information given to her to the rest of the members.

4 0
2 years ago
If the Federal Reserve sells securities on the open market, how are the purchases of U.S. financial assets by foreigners and the
Sergeeva-Olga [200]

Answer:

A. Increase/Increase

Explanation:

The Federal Reserve is part of the inner economy of the country, which means that if it sells products on the open market (in the world) the inner economy will increase, in consequence the International Value of Dollar will increase because of the demand.

8 0
3 years ago
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