1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
Aneli [31]
3 years ago
10

A few years ago, in order to gain market share, Blackboard™, a well-known learning management system software company used by ma

ny colleges and universities, joined forces with WEB CT™, another learning management system software company. Both companies were in the same industry and originally competed against one another. In business, we would call the joining of these two firms a(n) ________.
a) vertical merger

b) conglomerate merger

c) horizontal merger

d) applied acquisition
Business
1 answer:
drek231 [11]3 years ago
7 0

Answer: horizontal merger

                             

Explanation: In simple words, horizontal merger refers to a merger in which two companies operating in the same industrious and at the same level merged their business for the ease of operations of both.

In the given case, both the companies were competitors and were in the same industry. Hence the given case depicts horizontal merger.

You might be interested in
On January 1, Hillcrest Co. acquired a 40% interest in Preston, Inc. with the excess of purchase price over book value solely at
olasank [31]

Answer:

C. $190,000

Explanation:

As per the given question the solution of Income reported on Income statement is provided below:-

here, we ill find first share in equity income and depreciation expenses on undervalue equipment to reach the i ncome reported on Income statement

Share in equity income = Net income × Interest

= $500,000 × 40%

= $200,000

Depreciation expenses on undervalue equipment = undervaluation ÷ Number of years × Interest

= $250,000 ÷ 10 × 40%

= $10,000

Income reported on Income statement = Share in equity income -Depreciation expenses on undervalue equipment

= $200,000 - $10,000

= $190,000

4 0
3 years ago
The records of penny Co. Indicated that 415,000 of merchandise should be on hand December 31. The phyiscla inventory indicates t
Nata [24]

Answer:

See explanation section

Explanation:

As there is a difference between the physical count of the inventory and actual Inventory count, it indicates that the merchandise inventory is either sold or wasted. However, for continuing the operation smoothly, it is assumed as sold. Therefore, the journal entry to record the sale is -

December - 31       Cost of goods sold           Debit          45,000

                           ($415,000 - $370,000)

                                        Merchandise Inventory     Credit       45,000

                    (To record the sale of merchandise: adjusted)

5 0
3 years ago
“jeremy, can you possibly give me a ride to the airport this sunday,” your friend ben asks. not thinking that this is a big deal
Ipatiy [6.2K]
<span>you are still likely to do the favor for ben because you have just been a victim of the: lowball technique
The lowball is a selling technique in which an item is offered at a lower price than actually intended AFTER we increase the basis price. This technique often works because people have the tendency to conform to additional favor is it convinced to do another favor before
</span>
6 0
3 years ago
T 1: Human Resources Management​
fgiga [73]

Answer:

Human resources management is the strategic approach to the effective management of people in a company or organization such that they help their business gain a competitive advantages. it is designed to maximize employees performance in service of an employer's strategic objective

4 0
3 years ago
Disadvantages of starting a business as an entrepreneur ?​
Degger [83]
Everyone might not be with you. People might be angry that if you go big you might take over there popularity. As an entrepreneur they needs lots of support and everyone might not be willing to give that support, entrepreneurs always going to have people against them. As an entrepreneur it’s takes lots of time so if you are willing to be one be PATIENT.!
4 0
2 years ago
Other questions:
  • You have a ticket to go to a concert by one of your favorite​ groups, the​ Hives, which you cannot resell. ​ However, you can bu
    12·1 answer
  • If your bank is a member of the FDIC, what does that mean for you?
    7·2 answers
  • How can you determine if a company is profitable
    10·2 answers
  • Programming languages used to create artificial intelligence and expert system applications are often called _____
    5·1 answer
  • The following information relates to the manufacturing operations of the JNR Printing Company for the year:
    10·1 answer
  • Shawn went to a restaurant where the beer was mediocre and the place was run-down. The restaurant was out of many of its more po
    6·1 answer
  • For more than a thousand years, the Catholic Church required its members to abstain from meat on Fridays. Catholics customarily
    5·1 answer
  • You run a small community or country and your primary output is the growing of wheat and the sewing of socks. You are able to pr
    11·1 answer
  • Which of the following statements is correct about the relationship between the nominal interest rate and the real interest rate
    13·2 answers
  • PLEASE HELP!! ILL GIVE 10 POINTS AND BRAINLIEST
    12·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!