Which of the following is least likely a reason for companies to seek cross-border mergers and acquisitions?
A) to get a foothold in new geographic markets
B) to raise company budgets for increased research and development activities
C) to increase a firm's global competitiveness
D) to fill the gaps in companies' product lines in a global industry
B
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A truck costs $303,000 and is expected to be driven 115,000 miles during its five-year life
Residual value is expected to be zero. If the truck is driven 29,000 miles during the first year, how much depreciation should the business record under the units-of-production method? (Round any intermediate calculations to two decimal places, and your final answer to the nearest dollar.) A) $97,750 B) $25,423 C) $76,270 D) $47,520
Negative amortization results when
A) the monthly interest payment on the home mortgage declines. B) the remaining loan balance declines. C) the monthly mortgage payment is less than the monthly interest on the remaining loan balance. D) the monthly mortgage payment is just equal to the monthly interest on the remaining loan balance.