Which of the following assists companies in raising capital, advise firms on major transactions such as mergers or financial restructuring, and engage in trading and market making activities?
A) investment banks
B) securities exchanges
C) mutual funds
D) commercial banks
A
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If a product's benefits can be presented within an emotional framework, the advertisement is normally more effective, even in business-to-business ads
Indicate whether the statement is true or false
Rounding all the way is:
A. usually not as accurate as rounding to a specific place value. B. always gives a new value that is higher than the original number. C. always gives a new value that is lower than the original number. D. not possible with some numbers.
Calder pays for 20% of their purchases during the month of purchase, 70% during the month following the purchase, and the remaining 10% two months after the month of purchase. What is the budgeted accounts payable balance on December 31?
Calder Water Company has budgeted direct materials inventory purchases as follows: October: $300,000 November: $360,000 December: $460,000
Which of the following best describes a merger?
A) Two corporations are combined to form a new third corporation, and the original two corporations cease to exist B) One corporation sells substantially all of its assets to a second corporation, with both corporations retaining their separate legal existence C) Two corporations jointly purchase a third corporation and operate it as a joint venture D) Two corporations are combined, with one of the original corporations surviving and the other ceasing to exist E) One corporation acquires all of the shares of a second corporation, with both corporations retaining their separate legal existence, the second a subsidiary of the first