A strategy of ________ will be most beneficial for a firm to enhance its overall corporate performance.
A. unrelated level of diversification
B. single-business level of diversification
C. related-linked diversification
D. dominant-business level of diversification
Answer: C
You might also like to view...
When Canadian family-controlled firm Schneider's wanted to block Maple Leaf Foods, they looked to Springfield as a
A. golden parachute. B. white knight. C. poison pill. D. greenmail.
Implementing a system of independent checks is one of the most effective ways to deter fraud. Which one of the following is NOT a way of providing independent checks on employees?
a. Employee transfers b. Audits c. Mandatory vacations d. Authorization required for purchases of over $2,000 or more
Vertical analysis of comparative financial statements includes the
A) development of common-size statements. B) calculation of dollar amount changes and percentage changes from the previous to the current year. C) use of an index number. D) All of these choices.
McGuire Company acquired 90 percent of Hogan Company on January 1, 2019, for $234,000 cash. This amount is reflective of Hogan's total acquisition-date fair value. Hogan's stockholders' equity consisted of common stock of $160,000 and retained earnings of $80,000. An analysis of Hogan's net assets revealed the following: Book Value Fair ValueBuildings (10-year life)$10,000 $8,000 Equipment (4-year life) 14,000 18,000 Land 5,000 12,000 ??Any excess consideration transferred over fair value is attributable to an unamortized patent with a useful life of 5 years.?In consolidation at December 31, 2019, what adjustment is necessary for Hogan's Equipment account?
A. $3,000 increase. B. $2,700 increase. C. $2,700 decrease. D. $3,000 decrease. E. No adjustment is necessary.