A financial statement showing each item on the statement as a percentage of one key item on the statement is called common-sized financial statements

The intangible asset goodwill may be

a. capitalized only when purchased. b. capitalized either when purchased or created internally. c. capitalized only when created internally. d. written off directly to retained earnings.

How do conglomerates and vertical mergers differ from horizontal mergers?

(A) They increase competition in the marketplace. (B) They usually produce better quality products. (C) They do not usually lessen competition in the marketplace. (D) They are not regulated by the government.