Financial managers should focus solely on meeting the financial ...

[KimWrice]

Financial managers should focus solely on meeting the financial needs of their firms in the short run, leaving the long-term financial issues to the top management.
 
 Indicate whether the statement is true or false

Question 2

Which of the following is an example of a vertical merger?
 A) The purchase of TWA by American Airlines
  B) The purchase of Marathon Oil Company by U.S. Steel
  C) The purchase of Kentucky Fried Chicken by PepsiCo
  D) The purchase of Malone's Cost-Plus Supermarkets by the Kroger supermarket chain
  E) The purchase of Gulf Oil by Standard Oil Company of California

[AISCAMPING]

Answer to Question 1

False

Answer to Question 2

C

[KimWrice]

TYSM

[xiaomengxian]

Excellent