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NEW QUESTION: 1
On 1 January:
* Company X has a value of $50 million
* Company Y has a value of $20 million
* Both companies are wholly equity financed
Company X plans to take over Company Y by means of a share exchange. Following the acquisition the post-tax cashflow of Company X for the foreseeable future is estimated to be $8 million each year. The post-acquisition cost of equity is expected to be 10%.
What is the best estimate of the value of the synergy that would arise from the acquisition?
A. $30 million
B. $10 million
C. $100 million
D. $60 million
Answer: B
NEW QUESTION: 2
Which two settings are dependent upon the regulatory domain in which an access point is installed? (Choose two.)
A. AP mode
B. power
C. domain name
D. IP address
E. frequency
Answer: C,D
NEW QUESTION: 3
An employee who recently transferred into the internal audit activity has been assigned to audit the accounts payable system.
Which function, if previously performed by the auditor, would represent a conflict of interest?
A. Signing timekeeping cards for subordinates.
B. Monitoring the allowance for doubtful accounts.
C. Writing procedures for the handling of duplicate payments.
D. Reviewing shipping documents for accuracy.
Answer: C
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