Answer:
The differential implicit in this acquisition is $110,000
Explanation:
The computation of the differential implicit is shown below:
Differential implicit = Amount paid - book value
= $450,000 - $340,000
= $110,000
The differential implicit shows a difference between the amount paid and the book value so we do not consider the fair value which is given in the question
Answer:
$88,820
Explanation:
The computation of the cost of the machine is shown below:
= List price - discount allowed + transportation + sales tax paid + installation cost
where,
List price is $83,000
Discount allowed
= $83,000 × 5%
= $4,150
And, the other items would remain the same
So, the cost of the machine is
= $83,000 - $4,150 + $2,600 + $5,720 + $1,650
= $88,820
All other expenses should be ignored as it is not relevant
Answer: D) A "cash-out" refinancing loan
Explanation:
A "cash-out" refinancing loan refers to when a person replaces the mortgage that they have on a house with a newer, larger mortgage than the balance of the previous mortgage on the house.
The difference between this new mortgage and the old one can then be withdrawn in cash.
This would attract a higher mortgage insurance premium because the value of debt has now increased because as earlier mentioned, the new mortgage will be larger than the previous one so to cater for this, the insurance premiums will rise.
Answer: -1.26%
Explanation:
We can solve for this using the following formula.
Return on Stock Market = Down figure of Index / ( Close figure of Index - down figure of Index)
So calculating we have,
Return on Stock Market = -98.34 / ( 7,447.50 - (-98.34))
Return on Stock Market = -98.34 / 7,545.84
Return on Stock Market = - 0.0126
Return on Stock Market = -1.26%
Answer:
The correct answer is letter "B": customs broker.
Explanation:
A customs broker is a specialist in customs legislations of different countries that help to assess companies in the process of exporting goods. According to every country, customs brokers have licenses to operate which allows them to act as intermediaries representing companies that hire them to secure and expedite the products leave the country of origin in proper conditions.
The U.S. Customs and Border Protection (CBP) is the agency in charge of regulating customs brokers.
