<span>A buyer's order outlines the specific vehicle to be purchased and all charges for the purchase. It is not the final bill of sale contract. It is basically the agreed upon terms of the purchase being made. This is usually used when purchasing a car.</span>
Answer:
b) false
Explanation:
Operating activities: It contains those transactions that affect the after-net income working capital. It would subtract the increase in current assets and a decline in current liabilities, while adding the reduction in current assets and a rise in current liabilities.
Therefore, the given statement is false.
Answer:
b. None of the listed answers
Explanation:
EBITDA means earnings before interest , tax, depreciation and amortization, whereas operating is the gross profit minus all operating costs, since depreciation and amortization, which are operating costs would have been deducted in arriving at EBITDA, it means operating income and EBITDA are not the same.
Net income is gross profIt minus interest,tax ,depreciation and amortization, hence, it is a far cry from EBITDA.
Note also EBITDA is not recognized by generally accepted accounting principles (GAAP) as a performance measure
C. The company’s prospectus
Answer:
Minimize the inefficiency of duplicated efforts across multiple locations
Explanation:
First of all, a conglomerate merger happens when two corporations that serve completely different markets and produce totally different products unite.
The main advantages of this not so common merger, are that:
- increased diversification: they are entering new markets and producing new products.
- increased efficiency: by joining forces, synergy may result and efficiency and productivity will increase. Duplicated efforts are eliminated, reducing costs.
- Expanded customer base: similar reasons than point 1.
- Lower operational risk: the same as with a diversified investment portfolio, a diversified portfolio of products and services reduces risks.
