Which One of These Statements Is Correct

question 34

Multiple Choice

Which one of these statements is correct?

• A)The titles to the target firm's individual assets must be transferred to the acquirer in a merger.
• B)If a target firm's managers oppose an acquisition,the acquisition cannot occur.
• C)The acquisition of a target firm's assets can be done without the approval of the target firm's shareholders.
• D)A tender offer must be accepted by all of the target firm's shareholders to be effective.
• E)An acquisition of stock in a target firm may later be followed with a formal merger.

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Definitions:

Indirect Cost

Expenses not directly attributable to the production of goods or services, such as overheads.

Allocate

To allocate means distributing resources or duties for a specific purpose or to particular entities.

Gross Sales

The total sales revenue of a company without any deductions for returns, allowances, or discounts.

Indirect Advertising Costs

Expenses related to advertising that are not directly associated with a specific advertising medium or campaign, such as salaries of marketing staff or overhead costs.