Germany's Bayer Group was fined millions of dollars to settle a lawsuit alleging it had conspired with Archer Daniels Midland and other global companies to set prices for an enzyme used in animal feeds. What was the issue in this lawsuit?

The sum of the present values of an investment's expected future cash flows is known as the

investment's intrinsic value. Indicate whether the statement is true or false

If a pro forma balance sheet dated at the end of May was prepared from the information presented, the marketable securities would total ________. (See Table 4.3)

A) $9,000 B) $9,500 C) $12,000 D) $16,750