Perez Co. plans to acquire Roo Co. Roo has substantial depreciable assets that have fair values in excess of their book values. Considering only the income tax impact, which of the following statements is true?
A) Perez would prefer to purchase Roo's assets and Roo would prefer to sell its shares to Perez. B) Perez would prefer to purchase Roo's shares and Roo would prefer to sell its assets to Perez. C) Both Perez and Roo would prefer Perez to purchase Roo's shares. D) Both Perez and Roo would prefer Perez to purchase Roo's assets.
A) are usually spent on food. B) suffer from low repayment rates. C) have very high repayment rates. D) have lifted borrowers out of poverty at a faster pace than nonrecipients of loans.
The final step of the S.T.E.P. approach to open-book management involves paying employees a fair share of profits through bonuses, incentives, and stock ownership.