Which of the Following Is a Tender Offer That Utilizes

question 99

Multiple Choice

Which of the following is a tender offer that utilizes borrowed funds and the acquired firm's assets as collateral?

• A) unfriendly take-over
• B) divestiture
• C) repurchase
• D) leveraged buyout

---

Definitions:

Market Value

The ongoing rate for buying or selling a product or service in a trading environment.

Book Value

The net value of an asset or liability according to its balance sheet account balance, accounting for factors like depreciation.

Note Payable

A written promissory note in which one party agrees to pay another party a definite sum of money either on demand or at a specified future date.

Capital Account

This account records the investments made by owners or shareholders into a company, along with retained earnings and accumulated other comprehensive income.