Gorgeous Eatin' Corporation merges with Hasty Burgers, Inc. This merger between firms that compete with each other in the same market is
A. a horizontal merger.
B. an interlocking directorate.
C. a tying arrangement.
D. a vertical merger.
Answer: A
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Two adjustments are made to the merchandise inventory account on the work sheet
a. True b. False Indicate whether the statement is true or false
Time Warner has different divisions for magazines, movies, recordings, cable television, and so on. The Warner Bros. part of the empire alone has divisions spanning movies and television, a broadcast network, retail stores, theaters, amusement parks, and music. Time Warner is an example of an organization with ____ divisions.
A. geographic B. common C. product D. merchandise E. customer
type of operational budget that involves adding one additional month to the budget as each month goes by is called a ________.
A) monthly replacement budget B) long-term goal budget C) static budget D) continuous budget
Which of the following capital budgeting techniques measures how long it will take to recover the initial cash outlay of an investment?
a. Net present value
b. Discounted cash flows
c. The internal rate of return
d. The payback period