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Nikitich [7]
3 years ago
5

Company ABC acquires company XYZ on 12/31/2016 in a share-for-share transaction worth $10 million. On 12/31/2016, XYZ financial

statements reported total assets $12 million, liabilities $8 million, stockholders equity $4 million, and net income for fiscal 2016 $2 million. At the time of acquisition, the fair value of XYZ's assets equals its book values, except for property, plant and equipment which has a fair value $2 million higher than its book value. Goodwill is expected to be amortized over 10 years, and the average life of depreciable assets is 10 years. If ABC uses purchase accounting to record the acquisition, the amount of goodwill that will appear on its balance sheet as of 12/31/2016 with respect to the acquisition of XYZ will be _____.
Business
1 answer:
seropon [69]3 years ago
5 0
Simply 2mill * number one ☝ the best in north east bay north north west of the east east north north bay east bay
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Which of the following would shift the supply of dollars in the market for foreign-currency exchange of the open-economy macroec
avanturin [10]

Answer:

b. The expected rate of return on U.S. assets rises

Explanation:

  • An open economy is one that interacts freely with the other economies of the world, the one economy of the united states is very large and includes the imports and exports of huge quantity including the goods and services.
  • In an open economy, macroeconomic model assets are bought and supplied to the economy a this creating an outflow of the capital as more of the buying of the assets creates a net capital outflow leading to an increase of the expected rate of return of assets. As the country can spend more than it produces.
7 0
3 years ago
The video mentions how firms compete on price point, store design, and the product itself. These are all elements of a firmâs:__
vladimir2022 [97]

Answer:

Marketing mix

Explanation:

The marketing mix is a combination of product, price, place, and promotion. The marketing mix is also called 4Ps. These factors determine the marketing strategy through which they get to know their position in the market.  

The price is the value which is given to the customers

The product is the item which is to be shown to the customers

The place is the location in which the product is sold to the customers

And the last is a promotion in which the product is communicated to the end numbers of people either by word of mouth, by adverting, etc

                                   

8 0
3 years ago
which account option features a note issued by a bank to a depositor for funds placed for a set period? certificate of deposit c
SashulF [63]

An account option which features a note that is issued by a bank to a depositor for funds placed for a set period of time is; A. certificate of deposit.

<h3>What is a certificate of deposit (CD)?</h3>

A certificate of deposit (CD) can be defined as a secured form of time-bound deposit and a special low-risk savings account that is typically issued by a financial institution (bank) to its customers, wherein an amount of money (lump-sum) are left with the bank for a specific period of time, in exchange for an interest rate premium.

This ultimately implies that, a certificate of deposit (CD) pays a higher interest rate to its holder than other regular savings account because banks usually invest this money (lump-sum) in a business, so as to make profit.

Additionally, a bank's certificate of deposit (CD) is protected and insured by the Federal Deposit Insurance Corporation (FDIC) for up to $250,000, so it's somewhat safer than other investment options.

In this context, we can reasonably infer and logically deduce that a savings account option which features a note that is issued by a financial institution (bank) to a depositor for funds that are placed for a set period of time is referred to as a certificate of deposit.

Read more on certificate of deposit here: brainly.com/question/28190396

#SPJ1

6 0
1 year ago
WACC. Eric has another​ get-rich-quick idea, but needs funding to support it. He chooses an​ all-debt funding scenario. He will
maks197457 [2]

Answer:

274.7%

Explanation:

The total amount that Eric will borrow will be = 43114311+33503350+13391339 = 90009000.

Now to calculate WACC, we will apply the WACC formula:

WACC = (43114311/90009000)*0.66 + (33503350/90009000)*0.88 + (13391339/90009000)*14.14

Hence,

WACC = 274.74%

The solution was very simple, we just applied the WACC formula by taking the total amount of debt in the denominator of each of the loans taken and multiplied it by the interest rate on which it is taken.

Hope this helps, although I think the values in the question are not correct, but nonetheless I have provide the correct solution according to the given values.

Thanks.

5 0
3 years ago
Which of these purchases is more likely to be paid for with a credit card?
patriot [66]
I got A too hope this helps
7 0
3 years ago
Read 2 more answers
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