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Tiger Corporation is interested in acquiring most of Buffalo Corporation's assets.Buffalo's assets are currently valued at $700,000.However,there is one division of Buffalo in which Tiger is not interested.Since Buffalo wants the Tiger takeover to occur,it sells the line for its net fair market value of $250,000 ($350,000 assets less $100,000 in liabilities) .Buffalo then transfers its remaining assets to Tiger for $450,000 in common voting stock.
University Education
The level of education focusing on specialized study provided by universities and other higher education institutions, typically leading to a degree.
University Tuition
The fee charged by educational institutions for instruction and other services related to academic enrollment.
Annual Payments
Recurring payments made once a year, such as dividends on stocks or interest on a loan.
Adjustable Rate Mortgages
Home loans with interest rates that can change over time, typically in relation to an index or a predefined benchmark.
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