The method used to save money that will be needed to replace expensive pieces of equipment is called ________

Firms that have selected a related diversification corporate-level strategy seek to exploit:

A) control shared among business-unit managers. B) economies of scope between business units. C) the favorable demand of buyers. D) market power.

The Casan Company purchased a delivery van for $100,000 in cash. What is the effect on current assets?

a. Increase in current assets b. Decrease in current assets c. No effect on current assets d. Unable to determine