Which of the Following Statements Are Correct

question 3

Multiple Choice

Which of the following statements are correct?
i.Going-concern value of a firm is equal to the present value of expected future cash flows to owners and creditors.II.When an acquiring firm purchases a target firm's equity,the acquirer need not assume the target's liabilities.III.The market value of a public company reflects the worth of the business to minority investors.IV.The fair market value of a business is usually the lower of its liquidation value and its going-concern value.

• A) I and III only
• B) II and IV only
• C) II and III only
• D) I,II,and III only
• E) II,III,and IV only

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Definitions:

Operant Conditioning

A method of learning that employs rewards and punishments for behavior, encouraging the subject to associate certain behaviors with certain consequences.

Repertoires

The range or collection of skills, abilities, or behaviors that an individual possesses or can perform.

Operant Conditioning

A method of learning that employs rewards and punishments to influence behavior.