The ________ Act of 2010 is a federal statute that requires increased disclosure of credit information and terms to consumers and regulates consumer credit providers and others

A) Fair Credit Billing
B) Consumer Leasing
C) Mortgage Reform and Anti-Predatory Lending
D) Consumer Financial Protection


D

Business

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[The following information applies to the questions displayed below.]Harding Corporation acquired real estate that contained land, building and equipment. The property cost Harding $1,900,000. Harding paid $350,000 and issued a note payable for the remainder of the cost. An appraisal of the property reported the following values: Land, $374,000; Building, $1,100,000 and Equipment, $726,000.What value will be recorded for the building?

A. $800,000 B. $950,000 C. $175,000 D. $1,100,000

Business

Debentures always have specific assets of the issuing company pledged as collateral.

Answer the following statement true (T) or false (F)

Business

SeaLine Corporation is involved in the distribution of processed marine products. The fair values of assets and liabilities held by three reporting units and other information related to the reporting units owned by SeaLine are as follows:  Unit X Unit Y Unit ZCash$15,000  $45,000  $35,000 Accounts Receivables 15,000   18,000   10,000 Inventory 35,000   60,000   35,000 Land 30,000   45,000   20,000 Buildings 120,000   80,000   50,000 Equipment 140,000   45,000   50,000 Accounts Payable 25,000   45,000   25,000 Fair Value of Reporting Unit 360,000   230,000   220,000 Carrying Value of Investment 375,000   240,000   240,000 Goodwill Included in Carrying Value 50,000   25,000   40,000  Required:Determine the

amount of goodwill that SeaLine should report in its current financial statements. What will be an ideal response?

Business

The strong form of the EMH states that ________ must be reflected in the current stock price.

A. all security price and volume data B. all publicly available information C. all information, including inside information D. all costless information

Business