Which of the following is not a reason for merger and acquisition failures?
A. The acquiring company pays a large premium for the common stock of the target company.
B. The acquisition leads to value creation.
C. Top executives act in their best interests rather than those of the shareholders.
D. The acquired company assets are poorly integrated into the acquiring company business lines.
Answer: B
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_____ takes place when an operation switches from using an old system to using a new system.
Fill in the blank(s) with the appropriate word(s).
Brandy Enterprises discarded a computer that was fully depreciated and had no residual value. As a result of this transaction, Brandy will ________.
A) report a loss equal to the historical cost of the computer B) Debit the Computer account and credit the Accumulated Depreciation - Computer account C) Debit the Accumulated Depreciation - Computer account; debit Loss on Disposal of Computer account, and credit the Computer account D) zero out the Computer and Accumulated Depreciation - Computer accounts
Store security relates to both _____
a. insurance and personal security b. personal security and merchandise security c. crisis management and pilferage control d. safety management and crisis management
Which of the following is true of warranty liability as it affects negotiable instruments?
a. Warranty liability applies to any persons who transfer an instrument and receive consideration. b. A drawee of an unaccepted draft who pays in good faith receives a presentment warranty from the person obtaining payment and from all prior transferors of the draft. c. A drawee who accepts an instrument in good faith receives a presentment warranty from the person obtaining acceptance that the draft has not been altered. d. All of these. e. None of these.