Business combinations are used by firms to externally expand in order to achieve all of the following objectives EXCEPT
A. to increase productive capacity.
B. to increase liquidity.
C. to increase common stock outstanding.
D. to acquire needed assets.
Answer:C
Business combinations are used by firms to externally expand in order to achieve all of the following objectives EXCEPT
A. to increase productive capacity. B. to increase liquidity. C. to increase common stock outstanding. D. to acquire needed assets.