On march 31, jumbo purchases 100% of larz for $7,500,000 cash and 2,200,000 shares of jumbo voting common stock (par value of $1). jumbo's stock had a fair value on march 31 of $40. jumbo got 12,000,000 shares of larz's voting common stock (par value $4) having a fair value of $50 per share. jumbo incurs $5,000,000 in direct combination costs and $3,500,000 in stock issuance costs. using the purchase method, what is jumbo's cost for this acquisition? $100,500,000$ 95,500,000$ 99,000,000$ 90,500,000$ 97,000,000

Consumer surplus is: the difference between the price of a product and what consumers were willing to pay for the product. the difference between the discounted price of a product and its retail price. the difference between the price paid by consumers and the price required of producers. the difference between the price of a product and consumers' valuation of the last unit of the product purchased.

Harry is 25 years old with a 1.55 rating factor for his auto insurance. if his annual base premium is $1,012, what is his total premium? $1,568.60 $2,530 $1,582.55 $1,842.25

Which of the following statements is not correct? the stock of publicly owned companies must generally be registered with and reported to a regulatory agency such as the sec. when stock in a closely held corporation is offered to the public for the first time, the transaction is called "going public, or an ipo," and the market for such stock is called the new issue or ipo market. "going public" establishes a firm's true intrinsic value and ensures that a liquid market will always exist for the firm's shares. if you wanted to know what rate of return stocks have provided in the past, you could examine data on the dow jones industrial index, the s& p 500 index, or the nasdaq index.