The combination of two or more companies to form a completely new corporation is a ________.
A) congeneric formation
B) consolidation
C) spin-off
D) conglomerate merger
B) consolidation
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The loss due to write-down of inventory should be reported on the income statement as an expense
a. True b. False Indicate whether the statement is true or false
Marketers usually limit their segmentation analysis to only one major variable
Indicate whether the statement is true or false
Banks like electronic funds transfers because they eliminate the float time that a drawer enjoys on a checking account and the paperwork involved in processing checks
a. True b. False Indicate whether the statement is true or false
According to the interest parity condition, if the domestic interest rate is ________ the foreign interest rate, then ________
A) above; there is expected appreciation of the foreign currency B) above; there is expected depreciation of the foreign currency C) below; there is expected appreciation of the foreign currency D) below; the interest parity condition is violated