1. Explain the differences between mergers and acquisitions and how they impact the companies involved.
2. Please explain what goodwill impairment is and provide examples.
3. You want to purchase a new car since the prices have dropped so low due to the current economic condition. You can purchase the car for $18,000. You know that you can get a loan at 4.5% (compounded monthly). How long will it take you to pay off the loan if you can make a monthly payment of $350? (show work)