Under the Securities Exchange Act of 1934 and the Williams Act, a tender offer:
a. must be disclosed if the offeror's acquisition would give him 3 percent of the target's stock.
b. must be disclosed only to the shareholders of the target corporation.
c. disclosure is informational to ensure that investors may make an informed decision.
d. None of these are correct.
c
Business
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Viva, Inc. bought machine X for $18,000 two years ago. The machine had no residual value and had an estimated useful life of 10 years. If the company uses the straight-line depreciation method, calculate the current book value of the machine
A) $14,400 B) $3,600 C) $19,800 D) $18,000
Business
Budgets provide a benchmark that motivates employees and helps managers evaluate performance
Indicate whether the statement is true or false
Business