Assume that three automobile manufacturers all merged into one car company. Such a merger would be a

A. vertical merger.
B. vertical cooperative arrangement merger.
C. horizontal merger.
D. intracompetitive merger.


Answer: C

Business

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SES Manufacturing has finished production activities for the year. The company allocates manufacturing overhead based on direct labor costs. The company has provided the following information:


Based on the above data, calculate the unadjusted ending balance in the Manufacturing Overhead account.
A) $5040 credit balance
B) $5040 debit balance
C) $8660 credit balance
D) $8660 debit balance

Business

The process of evaluating the present value of any stream of future cash flows so that management can compare two streams of cash flows in terms of their financial value is

A) annual cash flow (ACF) analysis. B) discretionary cash flow (DCF) analysis. C) discounted cash flow (DCF) analysis. D) future cash flow (FCF) analysis.

Business

Charismatic leaders often achieve their status without being formally designated.

a. true b. false

Business

Briefly describe two ways to launch a hostile takeover

What will be an ideal response?

Business