A "short-form merger" requires shareholder approval of both corporations
a. True
b. False
Indicate whether the statement is true or false
False
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Assume that you own an annuity that will pay you $15,000 per year for 12 years, with the first payment being made today. You need money today to open a new restaurant, and your uncle offers to give you $120,000 for the annuity. If you sell it, what rate of return would your uncle earn on his investment?
A. 6.85% B. 7.21% C. 7.59% D. 7.99% E. 8.41%
HP's advertising agency assembles words and illustrations into an advertisement that conveys the company's intended brand message. In the context of the communication process, HP is ________
A) messaging B) decoding C) sending D) encoding E) responding
The distinction between direct and indirect costs depends on whether a cost
a. is controllable or non-controllable. b. is variable or fixed. c. can be conveniently and physically traced to a cost object under consideration. d. will increase with changes in levels of activity.
Individual judgment is ______in its ability to be rational because decision-makers often must deal with incomplete information about the problem, the decision criteria, and even their own preferences.
A. bounded B. unbounded C. weighted D. satisficed