Accretion answer - Study guides, Class notes & Summaries

If a company trades at a forward PE of 20.0x, and acquires a company trading at a forward PE of 13.0x. Assuming the deal is 100% stock-for-stock, and a 20% premium is being offered, will the deal be accretive in year 1? - ANSWER Yes: stock for stock deals where the acquirer's PE is higher than target's are always accretive. Don't get tricked - a 20% premium just brings the target's PE to 13 + (13 x 20%) = 15.6 PE, still below the acquirer's. Walk me through a simple M&A model. - ANSWER An M...

"A" and "B" bought a house as tenants in common. If "A" dies which of the following statements about ownership of the house is correct? A) It automatically becomes tenancy in severalty. B) It is divided, with B retaining their original interest and the balance going to A's estate. C) B holds fee simple ownership to A's share of the property D) B holds a life estate ownership to A's share of the property - CORRECT ANSWER-B) It is divided, with B retaining their original interest and the...

Tract building - Answer- When a dev. Acquired land, records a plat map and uses a model center from which sales may be made Local level - Answer- Planning, zoning, property taxation, building and health codes and regulations, and building moratoriums that affect development play a significant role in the cost and desirability of real estate Broker associate - Answer- A licensed broker working for another broker False - Answer- A florida real estate license applicant must be a resident a...

Abstract of Title - Answer- A condensed history or summary of all transactions affecting a particular tract of land. Acceleration clause - Answer- A condition in a real estate financing instrument giving the lender the power to declare all sums owing lender immediately due and payable upon the happening of an event, such as sale of the property, or a delinquency in the repayment of a note. Accession - Answer- An addition to property through the efforts of man or by natural forces. Accre...

Dimensions Correct Answer-Wingspan CL300 - 63' 10" Wingspan CL350 - 69' 00" Length - 68' 08" Height - 20' 00" Wingtip Clearance and Min Pavement width for turn Correct Answer-Min. Pavement Width for 180° turn - 58' 00" Wingtip clearance for a 180° turn : CL300 - 95' 5" CL350 - 101' 0" Kinds of Operations Correct Answer-VMC, IMC, Day, Night and Icing Operation in Icing Conditions Limitation Correct Answer-Do not hold in icing conditions with flaps extended. Whe...

1. Many states determine the order of water rights according to which users of the water hold a recorded beneficial use permit. This allocation of water rights is determined by: A. accretion. B. riparian theory. C. littoral theory. D. the doctrine of prior appropriation. - ANSWER D 2. The right to control one's property includes all of the following EXCEPT: A. the right to invite people on the property for a political fund-raiser. B. the right to exclude the utilities meter rea...

All of the following are physical characteristics of land except: A. Indestructibility B. Uniqueness C. Immobility D. Scarcity Answer D. Scarcity Under the doctrine of specific performance, the party harmed by breach of a real estate contract can ask a judge to force the breaching party to carry out the terms of the contract rather than order the breaching party to pay monetary damages. Which physical characteristic of land is the basis for the doctrine of specific performance? A. In...

Illinois Real Estate; Practice Exam – 02 Questions and Answers 100% CorrectIllinois Real Estate; Practice Exam – 02 Questions and Answers 100% CorrectIllinois Real Estate; Practice Exam – 02 Questions and Answers 100% CorrectIllinois Real Estate; Practice Exam – 02 Questions and Answers 100% Correct When waterborne silt is deposited in a lake or river bed, the land gradually increases by the process of - ANSWER-Accretion A survey is the process of - ANSWER-determining the size and bo...

Earth History CORRECT ANSWER - The study of change over very long spans of time: millions and billions of years. - 4.56B years old Accretion of the Earth CORRECT ANSWER - Earth formed by accretion of rocky nodules (chondrules) - Nodules and chemical compounds form by condensation in galactic nebula and solar nebula - Inner parts of solar nebula is rich metals, especially Fe metals are much more abundant then elsewhere in the galaxy Earth and Moon CORRECT ANSWER - Oldest Earth rock: 4.4B...

Superior Real Estate School Exam QUESTIONS & CORRECT ANSWERS <UPDATED&ALREADYPASSED> All of the following are physical characteristics of land except: A. Indestructibility B. Uniqueness C. Immobility D. Scarcity - ANSWER : D. Scarcity Under the doctrine of specific performance, the party harmed by breach of a real estate contract can ask a judge to force the breaching party to carry out the terms of the contract rather than order the breaching party to pay monetary damage...