Nelson Corp is considering the purchase of a new piece of equipment. The cost savings from the equipment would result in an annu
al increase in cash flow of $100,000. The equipment will have an initial cost of $400,000 and have a 5 year life. If the salvage value of the equipment is estimated to be $75,000, what is the accounting rate of return
Explanation: In simple words, conglomerate structure refers to the structure under which many entities operate in different industries under a single corporation. In other words, it is a different name for parent subsidiary relationship.
In the given case, Lito group owns different firms in different industries. Hence from the above we can conclude that the group uses conglomerate structure.
The type of information the marketing team was using is referred to as the secondary data or information. The secondary data is a type of data which is gathered for other purposes and not the original one. The examples of this are internet, news, and books.
