Perhaps the best circumstance that would lead to gains for the shareholders of both the bidder and the target in a takeover is when a well-managed firm takes over a poorly managed firm
Thus, the greatest gains in those takeovers in which the bidder has a (i) Tobin's q ratio (is well managed) and the target has a (ii) q ratio (is poorly managed). Evidence supports this argument.
(i) (ii)
a. high low
b. low high
A
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On the issuance date, the Bonds Payable account had a balance of $50,000,000 and Premium on Bonds Payable had a balance of $1,000,000 . What was the issue price of the bonds?
a. $50,000,000 b. $49,000,000 c. $51,000,000 d. Unable to determine from the information given
On May 17, Bruno Olive Co accepted a $6,500, 8%, 90-day note from a customer. On June 11, the note was discounted at 10%. At maturity date, the note was dishonored and the bank charged a $25 protest fee. The amount that Bruno Olive Co would debit to Notes Receivable Dishonored is
A) $6,655.00 B) $6,535.29 C) $6,525.00 D) $6,130.00
Open-ended questions are most useful in ________ and as opening questions
A) descriptive research B) exploratory research C) conclusive research D) virtual research E) confirmatory research
Wireless scanners, radio frequency identification tags, and speech recognition are among the recent technological developments related to _____
a. debit card systems b. logistics systems c. self-scanning d. computerized checkouts