The acquisition of a firm in the same industry as the bidder is called a ________ acquisition.
A) conglomerate
B) forward
C) backward
D) horizontal
E) vertical
D) horizontal
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Which of the following items would be considered a cash equivalent if it was held at the balance sheet date?
a. U.S. Treasury bill purchased when there were 90 days until maturity. b. Commercial paper with a 6-month maturity which was purchased at the issue date. c. The common stock of a company traded on the New York Stock Exchange which was purchased 30 days before the balance sheet date. d. U.S. Treasury note which matures 2 years after it is issued and which was purchased 4 months before the balance sheet date.
The reader will appreciate a thank-you note even more when it
A) is handwritten instead of typed. B) arrives unexpectedly. C) contains subtle resale. D) mentions a business objective. E) is typed to make it easy to read.
If Gene mistakenly hits Audrey with his truck and kills her, when he intended to hit and kill Cerise, his intent to kill Cerise is transferred to Audrey, regardless of whether he even knew Audrey, for the purpose of fulfilling the mental element of the crime
a. True b. False Indicate whether the statement is true or false
Ginnie's, a candy manufacturing company, sees a sudden rise in the consumption of its kiwi-flavored candies. Thus, the company hires more labor and buys additional supplies to increase the production of these candies. In this scenario, the costs incurred by the company for purchasing these supplies and hiring more labor exemplify the company's _____.
A. variable costs B. implicit costs C. indirect costs D. fixed costs