A Merger of Several Firms Operating in Different Industries-For Example

question 110

Multiple Choice

A merger of several firms operating in different industries-for example, a trucking company, a fast-food chain, and a brokerage house-is called

• A) an integrated merger.
• B) a conglomerate merger.
• C) a vertical merger.
• D) a horizontal merger.

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Definitions:

Income

The amount of money or value received, typically on a regular basis, for work or through investments.

Tax Rates

Tax rates refer to the percentage at which an individual or corporation is taxed on their income or property.

Marginal Tax Rate

The rate at which the last dollar of income is taxed, reflecting the percentage of additional income that is paid in taxes.

Average Tax Rate

The ratio of the total amount of taxes paid to the total income, showing the share of income that goes to taxes.