The original creditors of both firms in a merger would benefit from the overall decrease in the probability of bankruptcy that attends the merger, which in turn results from the associated with creditors now having a claim against a larger
combined firm.
a. tax reduction
b. increased interest payments
c. decreased principle
d. co-insurance
D
You might also like to view...
If the federal government has chosen not to regulate an area of commerce despite possessing the Commerce Clause powers to regulate it, the area is subject to the Dormant Commerce Clause.
Answer the following statement true (T) or false (F)
Charts are easier to comprehend and interpret when they are presented in a three-dimensional format
Indicate whether the statement is true or false
Equipment was purchased for $24,000 on January 1, 2016
The equipment's estimated useful life was five years, and its residual value was $4,000. The straight-line method of depreciation was used. Calculate the gain or loss on sale if the equipment is sold for $18,000 on December 31, 2016, the end of the accounting period. Prepare the journal entry to record the sale of equipment. What will be an ideal response
______ is the division of a single lot into two or more sublots and simultaneously processing each sublot on identical (or very similar) work centers as separate lots.
a. Lot processing b. Lot splitting c. Lot allocating d. Lot wrapping