Through a certain transaction, Corporate Properties, Inc., acquires all of the shares of Downtown Realty Corporation for some of Corporate Properties's shares. Both Corporate Properties and Downtown Realty continue to exist. This is
A. a consolidation.
B. a share exchange.
C. a short-form merger.
D. a hold-up.
Answer: B
You might also like to view...
In a compound interest problem, if you know the future value, the present value, and the number of periods, then you can solve for the interest rate
a. True b. False Indicate whether the statement is true or false
Use this information to answer the following question. The following totals for the month of September were taken from the payroll register of Meadors Company: Salaries expense $24,000 Social Security and Medicare taxes withheld 1,100 Income taxes withheld 5,000 Medical insurance deductions 500 Life insurance deductions 400 Salaries subject to federal and state unemployment taxes of 6.2 percent
8,000 The entry to record the payment of net payroll would include a A) debit to Salaries Payable for $24,000. B) debit to Salaries Payable for $15,900. C) debit to Salaries Payable for $17,000. D) credit to Cash for $18,100.
In which of the following sections of a business report would a reader find supporting material, such as questionnaires, letters, and photographs?
A. The introduction section B. The executive summary C. The bibliography D. The appendix
The aim of a motivational program is to create a working environment in which sales personnel can achieve their goals.
Answer the following statement true (T) or false (F)