Sun Concepts sells and installs solar energy products.Information from the financial statements for the last two years revealed the following:
-Use the information above to answer the following question.The number of days to sell in Year 2 was approximately:
Definitions:
Conglomerate Merger
A merger in which a company merges with another company that is not a competitor or a buyer or seller to the company.
Sherman Act
A United States antitrust law passed in 1890 that prohibits monopolistic practices and promotes competition.
Horizontal Restraint
A type of anti-competitive practice that occurs between businesses at the same level of the supply chain, such as agreements between competitors to fix prices or divide markets.
Market Extension Merger
A merger between companies in similar industries but different markets, aimed at expanding the market reach of products or services.
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