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sladkih [1.3K]
3 years ago
14

Recently there have been several mergers involving Big Four accounting firms. One such merger involved the firms of Arthur Young

and Ernst & Whinney, who combined to form Ernst & Young. This is an example of a__________.
Business
1 answer:
Elodia [21]3 years ago
7 0

Answer:

The correct answer is: Horizontal Merger.

Explanation:

A Horizontal Merger occurs when companies within the <em>same industry</em> merge. Competing firms that offer similar goods and services are the most likely to merge horizontally. The potential gain in market share is much greater for such companies. They can also create an organization that has the chance to combine operations for more efficient functioning.

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On January 1, you sold short one round lot (that is, 100 shares) of Lowe's stock at $24.50 per share. On March 1, a dividend of
Naddik [55]

Answer:

$2,435

Explanation:

Data provided in the question:

Number of shares sold = 100

Price of Lowe's stock  = $24.50 per share

Dividend paid = $3.20

Price of buying stock = $20.00 per share

Commission paid = 15 cents per share = $0.15 per share

Now,

Total cost of selling the shares = $24.50 × 100

= $2,450

Total commission = $0.15 × 100

= $15

Therefore,

Proceeds from the short sale = $2,450 - $15

= $2,435

8 0
3 years ago
Dyckman Dealers has an investment in Thomas Corporation bonds that Dyckman accounts for as a trading security. Thomas Corporatio
faust18 [17]

Answer: $20,000

Explanation:

Bonds are to be carried in the books at their fair value which is their market value. That value is $20,000 in this instance and so Dyckman Dealers will have to record the bonds at that $20,000 value.

Investment analysis are not a basis for recording bond prices. They are simply a basis for making investment decisions. For instance, because they believe that the bond is overvalued, they can benefit from this by short selling the bond and waiting for it to drop in price.

3 0
3 years ago
He business decisions of a corporation are made by whom?
Sauron [17]
C. A board of directors :)
6 0
3 years ago
State licensing helps ensure that professionals
Bingel [31]

Answer:

are qualified in there industry

Explanation:

that's what my quiz said was right

7 0
3 years ago
Consider two economic regions, region A and region B. If region A has strict union protection laws present, while region B lacks
barxatty [35]

Answer:

higher unemployment rate

Explanation:

The economic region, A, where there is the presence of strict union protection laws, is most likely to experience increase unemployment rate compared to region B where there is the absence of strict union protection laws.

Unions most times favor those who are currently employed as opposed to those who are searching for jobs. They try to reduce wage inequality between low and middle wage workers and high- wage workers, this most times leads to increase in wages above the equilibrium level. This further result to the decline of amount of labor required hence leading to unemployment.

4 0
3 years ago
Read 2 more answers
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