B&G, Inc. ? A year ago, Carl went to work for B&G, Inc. He has worked for the finance department ever since he started. He noticed that the corporation was only taxed as though it were a partnership. This was something that he found very odd when he first started working for the company, but he later realized it was a fairly common practice. He recognized that this was one of the advantages of this type of corporation. ? While the job was challenging, Carl was not happy. He wanted to work for a company whose main goal was to provide service to the community, not to make a profit. However, Carl felt that, considering his present financial situation, he had to continue working for B&G, Inc. A week later, Carl discovered there was going to be a merger between B&G, Inc. and one of its
major competitors. Carl's boss informed him that he would be getting a promotion and a raise. While he was excited about making more money, he still was not happy. He knew then that he would not be working for the company for long. Refer to B&G, Inc. B&G, Inc. was going through a ____ merger.
A. vertical
B. horizontal
C. conglomerate
D. hostile
E. leveraged
Answer: B
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Return on investment will typically be lower than return on equity
Indicate whether the statement is true or false
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Which of the following countries has the lowest literacy rate?
a. Canada b. England c. Iran d. Gambia