In a Merger Situation,which of the Following Is a Term

question 6

Multiple Choice

In a merger situation,which of the following is a term for the remaining corporation?

• A)The remaining corporation
• B)The approved corporation
• C)The surviving corporation
• D)The resulting corporation
• E)The winning corporation

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Definitions:

Parking Lot

An area designated for the parking of vehicles, commonly found adjacent to buildings or in urban areas.

Capital Expenditures

Funds used by a company to acquire, upgrade, and maintain physical assets such as property, plants, or equipment.

Utility of Fixed Assets

The value or service that fixed assets, such as machinery and buildings, provide to a business over their useful lives.

Accounting Period

A period of time used for calculating financial performance, commonly a quarter (three months) or a year, during which all financial transactions are recorded and reported.