A ________ is a merger between a parent corporation and a subsidiary corporation that does not require the approval of the board of directors of the subsidiary corporation
A) share exchange
B) short-form merger
C) short-term merger
D) reverse takeover
B
You might also like to view...
In 2014, Barnes Enterprises purchased an oil well for $12,000,000. It is estimated that 80,000,000 barrels can be extracted from the well. Depletion expense during 2015, when 2,000,000 barrels were extracted and sold, totaled
A) $30,000. B) $300,000. C) $33,333. D) $3,333,333.
Wrench Repairs acquires equipment under a noncancelable lease at an annual rental of $45,000, payable in advance for five years. After five years, there is a bargain purchase option of $75,000 . The appropriate interest rate is 1 . percent. What is the total present value of the lease and the first year's interest expense?
a. $224,234 and $26,908 b. $224,234 and $21,508 c. $204,771 and $21,508 d. $204,771 and $19,173
Which type of conflict should cause managers to be concerned about sabotage and incidents of violence?
A. latent conflict B. felt conflict C. perceived conflict D. manifest conflict
Mason Company paid its annual property taxes of $240,000 on February 15, 20X9. Mason also anticipates that its annual repairs expense for 20X9 will be $1,200,000. This amount is usually incurred and paid in July and August when operations are shut down so that machinery and equipment can be repaired. What amount should Mason deduct for property taxes and repairs in each quarter for 20X9? First Second Third Fourth Quarter Quarter Quarter Quarter A)$240,000 $600,000 $600,000 $0 B)$360,000 $360,000 $360,000 $360,000 C)$540,000 $300,000 $300,000 $300,000 D)$60,000 $660,000 $660,000 $60,000
A. Option A B. Option B C. Option C D. Option D