In an acquisition, the firm being purchased is the target firm, and the firm which is purchasing the other firm is the acquiring firm.
Kick start will be totally owned and controlled by memory makers, which makes kick start a subsidiary of memory makers.
<h3>What is a Subsidiary?</h3>
This refers to the branch of a company which performs a different function from the parent company but has the same vision and mission which is to increase profit and sales.
With this in mind, we can see that because Orlando who owns an event planning company opens a marketing company so as to focus on product launches, this shows that they are a subsidiary.
Read more about subsidiary here:
brainly.com/question/4688609
The answer you are looking for is C. meet the needs and wants of the customer.
Answer:
$27.14
Explanation:
Calculation for the price of the firm's perpetual preferred stock
Using this formula
Price of the firm perpetual preferred stock = Annual dividend / Required return
Where,
Annual dividend =$1.90
Required return=7% or 0.07
Let plug in the formula
Price of the firm perpetual preferred stock = $1.90 / 0.07
Price of the firm perpetual preferred stock=$27.14
Therefore the Price of the firm perpetual preferred stock will be $27.14
