Which of the following statements, if any, is (are) true regarding the methods a target corporation may use to ward off a takeover attempt? The target corporation may make an offer ("self-tender") to acquire stock from its own shareholders. The target corporation may seek an injunction against the acquiring corporation on the grounds that the attempted takeover violates federal antitrust law.

A. I only.
B. II only.
C. Both I and II.
D. Neither I nor II.

Answer: C. Both I and II.

Business

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The accounts of Melissa Manufacturing showed the following balances at the beginning of December

Account Debit Raw Materials Inventory $55,000 Work-in-Process Inventory 81,000 Finished Goods Inventory 38,000 Manufacturing Overhead 17,000 The following transactions took place during the month: December 2: Issued direct materials $37,000 and indirect materials $4,000 to production. December 15: Incurred $6,000 and $5,000 toward factory's direct labor cost and indirect labor cost, respectively. What should be the balance in the Work-in-Process Inventory following these transactions? A) $124,000 B) $87,000 C) $75,000 D) $86,000

Business

In order for the report to accurately present the methodology, results, and conclusions of the project, without slanting the findings to conform to the expectations of management, the research must be ________

A) terse B) comprehensive C) objective D) none of the above

Business