After a merger, only ______ of the corporations continues to exist.
Fill in the blank(s) with the appropriate word(s).
Answer: one
Business
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Costs incurred subsequent to the acquisition of an asset are capitalized if they provide future benefits.
a. true b. false
Business
Today, you are retiring. You have a total of $411,016 in your retirement savings and have the funds invested such that you expect to earn an average of 7.10 percent, compounded monthly, on this money throughout your retirement years. You want to withdraw $2,500 at the beginning of every month, starting today. How long will it be until you run out of money?
A. 31.97 years B. 34.56 years C. 42.03 year D. 48.19 years E. You will never run out of money
Business