Horizontal Mergers

question 12

Multiple Choice

Horizontal mergers:

• A)include mergers between manufacturers and jobbers.
• B)can be approved if a failing company is acquired.
• C)are always antitrust violations.
• D)none of the above

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Definitions:

Liabilities

Financial obligations or debts owed by a business to external parties or creditors.

Owner's Capital

The amount of money and other assets invested into a business by its owner or owners.

Owner's Drawings

Money removed by a sole proprietorship or partnership owner from the company for their private use.

Revenue

Revenue is the income generated from normal business operations and includes discounts and deductions for returned merchandise.