10-24 Flashcards
1
Q
No cash charge the firm takes for the general wear and tear on its capital goods
A
Depreciation
2
Q
Combination of two or more firms producing the same kind of product
A
Horizontal merger
3
Q
Combination of firms involved in different stages of manufacturing or marketing
A
Vertical merger
4
Q
Firm with four or more businesses making unrelated products and none responsible for a majority of its sales
A
Conglomerate
5
Q
Corporation that has manufacturing or service operations in a number of different countries
A
Multinational
6
Q
Sum of net income and no cash charges
Total amount of new funds a business generates from operations
A
Cash flow
