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An operating merger occurs when the operations of the acquiring and target firms are combined in order to achieve economics and thereby cause the performance of the merged firm to exceed that of the pre-merged firm.
Select one:
True
False
In July 2014, the average price of a Big Mac was £2.80 in Britain and $4.20 in the U.S. The actual exchange rate was $1.60/£. Please answer the following questions:1)Where can you buy cheaper hamburgers: Britain or U.S.?
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Explain how much additional short-term funding can it borrow before its current ratio standard is reached?
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