Which one of the following best defines synergy given the following? VA = Value of Firm A VB = Value of Firm B VAB = Value of merged Firm AB A) (VA + VB) − VAB B) VAB − (VA + VB) C) Max[(VA + VB) − VAB, 0] D) Max[VAB − (VA + VB), 0] E) Max[VAB − VB, 0]

Suppose the following items were taken from the 2017 financial statements of whispering winds corp.. (all dollars are in millions.) common stock $3,230 accumulated depreciation—equipment $3,940 prepaid rent 175 accounts payable 1,560 equipment 6,940 patents 2,270 stock investments (long-term) 670 notes payable (long-term) 780 debt investments (short-term) 1,740 retained earnings 6,175 income taxes payable 150 accounts receivable 1,740 cash 1,290 inventory 1,010 prepare a classified balance sheet in good form as of december 31, 2017. (list current assets in order of liquidity.)

When conducting a swot analysis, information about turnover, profit margins, and staff quality can be used to identify:

If a business is in need of working capital, one option is to use a(n) that will buy the company's account receivables and then handle their collection for a fee.