A conglomerate merger is a merger between firms at different stages of the production process of a product, such as a merger between a flour milling company and a baking company.

a. True

b. False

A company has the following information: Net credit sales = $400,000 Net income = $100,000 Average total assets = $80,000 Average accounts receivable = $20,000 What is the company's average collection period (rounded to the nearest whole day) ?

PAW Industries has 5 million shares of common stock outstanding with a market price of $8.00 per share.

The June 30, 2021, year-end trial balance for Askew company contained the following information: Account Debit Credit Inventory, 7/1/2020 32,600 Sales revenue 386,000 Sales returns 12,600 Purchases 246,000 Purchase discounts 6,600 Purchase returns

A year ago, the Really Big Growth Fund was being quoted at an NAV of $21.98 and an offer price of $22.90. Today, it's being quoted at $24.19 (NAV) and $25.20 (offer).

If John can produce a good in less time than Fred then he has an absolute advantage in producing that good. True or False

What caused the Great Recession of 2008-2009? Question 36 options: housing market colapse stock market crash People buying stocks on the margin increased oil prices

Mike and Sue McCloskey make sure to share their vision with their workforce, also known as the Fair Oaks family. They also welcome feedback on this vision.

According to the dual labor market hypothesis, the secondary market consists of:

Can a company refuse to hire a candidate based on race, gender, ethnicity, or sexual preference?

Joseph is reviewing secondary data his company collected about seasonal variations in consumer spending because he is thinking about developing a new product line. The advantages of using these data include