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

Fanning books buys books and magazines directly from publishers and distributes them to grocery stores. the wholesaler expects to purchase the following inventory: april may june required purchases (on account) $ 111,000 $ 131,000 $ 143,000 fanning books accountant prepared the following schedule of cash payments for inventory purchases. fanning books suppliers require that 85 percent of purchases on account be paid in the month of purchase; the remaining 15 percent are paid in the month following the month of purchase. required complete the schedule of cash payments for inventory purchases by filling in the missing amounts. determine the amount of accounts payable the company will report on its pro forma balance sheet at the end of the second quarter.

True or false: a fitted model with more predictors will necessarily have a lower training set error than a model with fewer predictors.

Two assets have the following expected returns and standard deviations when the risk-free rate is 5%: asset a e(ra) = 18.5% σa = 20% asset b e(rb) = 15% σb = 27% an investor with a risk aversion of a = 3 would find that on a risk-return basis. a. only asset a is acceptable b. only asset b is acceptable c. neither asset a nor asset b is acceptable d. both asset a and asset b are acceptable