enrollment at city university is increasing 3% per year, its cost per credit hour is increasing 8% per year, and state funds are decreasing by 4% per year. state funds currently pay a third of the costs for city u., while tuition pays the rest. what annual increase in tuition is required?

Answers

Answer 1

To cover the decreasing state funds and the increasing cost per credit hour, City University would need to increase tuition by approximately 12% per year.

Let's assume the current enrollment at City University is E, and the cost per credit hour is C. The state funds cover one-third of the costs, so the state funding is (1/3) * (E * C).

Given the annual increase in enrollment of 3%, the new enrollment after one year would be E + (3/100) * E = (103/100) * E.

The cost per credit hour increases by 8% per year, so the new cost per credit hour after one year would be C + (8/100) * C = (108/100) * C.

Since the state funds are decreasing by 4% per year, the new state funding after one year would be (1 - 4/100) * [(1/3) * (E * C)] = (96/100) * [(1/3) * (E * C)].

The total revenue for City University comes from tuition and state funding. After one year, the total revenue would be:

[(108/100) * C * (103/100) * E] + (96/100) * [(1/3) * (E * C)]

To cover the decrease in state funds and the increase in costs, tuition needs to increase to fill the gap. Let's assume the increase in tuition is T. So, the new total revenue after one year would be:

[(108/100) * (C + T) * (103/100) * E] + (96/100) * [(1/3) * (E * (C + T))]

To maintain the same level of revenue as the previous year, we equate the two total revenue expressions:

[(108/100) * (C + T) * (103/100) * E] + (96/100) * [(1/3) * (E * (C + T))] = [(108/100) * C * (103/100) * E] + (96/100) * [(1/3) * (E * C)]

Simplifying the equation, we find:

[(108/100) * (C + T) * (103/100) * E] + (96/100) * [(1/3) * (E * (C + T))] = [(108/100) * C * (103/100) * E] + (96/100) * [(1/3) * (E * C)]

After simplification and cancellation, we get:

T = (12/100) * C

Therefore, the tuition needs to increase by approximately 12% per year to cover the decreasing state funds and the increasing cost per credit hour.

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Related Questions

The internet enables companies to decrease their emphasis on traditional promo

Answers

Answer:

The internet has enabled companies to promote their business with listing key factors and market their products with special highlights.

Explanation:

Earlier businesses used to promote their products by door to door marketing. In this era of technology and advancement the business focus on distinct features of their product and promote the products by highlighting those distinct features which other products does not have. Consumers are impressed with the presentation style and it is easier for them to view the complete product details by sitting at home through internet.

Chapter 3-22 Recording adopted budget (L03-5) The town of willingdon adopted the following general fund budget for the fiscal year beginning July 1
Prepare journal entries to record the adopted budget

Answers

Journal entries are a way to record financial transactions in accounting. Each journal entry consists of at least two parts: a debit and a credit. The debit and credit amounts must always be equal, which is known as the accounting equation of Assets = Liabilities + Equity.

The general journal entries to record the adopted budget at the beginning of the fiscal year would be:

Debit: Estimated Revenues - Taxes $14,900,000

Debit: Estimated Revenues - Intergovernmental Revenues $600,000

Debit: Estimated Revenues - Charges for Services $810,500

Debit: Estimated Revenues - Fines and Forfeits $150,000

Debit: Estimated Revenues - Miscellaneous Revenues $98,200

Credit: Appropriations - General Government $5,400,000

Credit: Appropriations - Public Safety $8,550,000

Credit: Appropriations - Public Works $1,540,000

Credit: Appropriations - Culture and Recreation $960,000

Credit: Appropriations - Miscellaneous $80,000

a-2. The entries in the subsidiary ledger accounts would be:

Subsidiary Ledger - Estimated Revenues:

Taxes: Debit $14,900,000

Intergovernmental Revenues: Debit $600,000

Charges for Services: Debit $810,500

Fines and Forfeits: Debit $150,000

Miscellaneous Revenues: Debit $98,200

Subsidiary Ledger - Appropriations:

General Government: Credit $5,400,000

Public Safety: Credit $8,550,000

Public Works: Credit $1,540,000

Culture and Recreation: Credit $960,000

Miscellaneous: Credit $80,000

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Full Question: During July, the first month f the fiscal year, the Town of Willingdon issued the following purchase orders and contracts.

General Government $800,000

Public Safety $400,000

Public works $75,000

Health and welfare $65,000

Miscellaneous $25,000

Total PO and contracts $1,365,000

Prepare the general journal entry to record the issuance of the POs and contracts.

Then show the entries in subsidiary ledger accounts.

15. In the retail product cycle, what step comes after distribution of products?
A. Distribution
B. Selection
C. Selling
D. Allocation

Answers

The step that comes after the distribution of products in the retail product cycle is to be considered as the option c. Selling.

What is the retail product cycle?

It is the cycle that involved many stages like innovation, accelerated development, maturity and decline,

When the product is distributed so after that it should be selling step should come.

hence, the option c is correct.

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The Monarch Division of Allgood Corporation has a current ROI of 13 percent. The company target ROI is 9 percent. The Monarch Division has an opportunity to invest $5,700,000 at 11 percent but is reluctant to do so because its ROI will fall to 12.24 percent. The present investment base for the division is $9,300,000. Required Calculate the current residual income and the residual income with the new investment opportunity being included. Based on your answers to requirement a, should Monarch Division make the investment?



Calculate the current residual income and the residual income with the new investment opportunity being included.



Based on your answers to requirement a, should Monarch Division make the investment?

Answers

Answer and Explanation:

The computation is shown below:

Current residual Income is

= current investment base × (Current ROI - Target ROI)

= $9,300,000 × (13% - 9%)

= $9,300,000 × 4%

= $372,000

Now

New residual income is

= (New investment base) × (New ROI - target ROI)

= ($9,300,000 + $5,700,000) × (12.24% - 9%)

= $15,000,000 × 3.24%

= $486,000

Yes, Monarch division should make the investment because the new residual income is more than the present residual income

according to the asu video, how can companies take it a step further and use their advanced sustainable business practices as a competitive advantage?

Answers

Companies can take their advanced sustainable business practices as a competitive advantage by investing in renewable energy sources, such as solar and wind power, and reducing their carbon emissions.

What is business?

Business is an activity of exchanging goods or services between people or organisations for money or other goods or services. It is a form of economic activity that is central to the functioning of any society. Businesses can be small and local, or large and global. Generally, businesses are established to make a profit and generate wealth. They often involve a variety of activities such as production, marketing, financial management, customer service, and research and development. Businesses can be operated by individuals, partnerships, or companies. Businesses can also be government-owned or owned by a group of people.

This not only reduces their environmental impact, but also helps them to save money in energy costs. Additionally, they can use their sustainable initiatives as a way to demonstrate their commitment to responsible practices and build trust with their customer base. By promoting their sustainability initiatives and investing in renewable energy sources, companies can differentiate themselves from their competitors and establish themselves as a leader in the field of sustainable business practices.

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Fill in the blanks to complete the description of public goods. The market for public goods such as ___ are often subject to ___. Private markets tend to ___ these goods and services because of the ___ problem. One solution to this problem is for ___ to use people's ___ dollars to provide for public goods.
- externality - tax - cable television - free-rider - subsidy - market failure - oversupply
- city parks - governments - undersupply

Answers

The market for public goods, such as city parks, is often subject to market failure. Private markets tend to undersupply these goods and services because of the free-rider problem. One solution to this problem is for governments to use people's tax dollars to provide for public goods.

Public goods, like city parks, often face market failure due to their unique characteristics. Private markets have a tendency to undersupply public goods because individuals can benefit from them without contributing their fair share, leading to the free-rider problem. This creates a situation where private providers have little incentive to produce and supply public goods. One solution to this problem is for governments to intervene and provide these goods using subsidies. Subsidies are funded by people's tax dollars, and they allow the government to overcome the free-rider problem and ensure the provision of public goods, such as city parks, to the public.

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jane is unmarried and has no children, but provides more than half of her mother's financial support. jane's mother lives in an apartment across town and has a part-time job earning $5,000 a year. which is the most advantageous filing status available to jane?

Answers

Jane's mother has a part-time job earning $5,000 a year and resides in an apartment across the street. Which of the available filing statuses is the most advantageous for Jane Single.

By earning, what do you mean?

Your earnings are the money you take home after working a job. When you find out that your pay will be more than generous, babysitting will excite you much more. The majority of your profits come from work you've done, though you can also refer to money you make from investments as earnings.

Positive net income is defined as having a net income of at least one dollar ($1) every month. Positive net income is defined as net income of at least one dollar ($1) for the applicable period.

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is it possible for a country with a relatively large gdp to have a relatively small per-capita gdp?

Answers

Yes, since the country with a relatively large GDP could also have a relatively large population.

What is the influence of large GDP on a country?

When an economy reaps better value per person per year, it specifically translates into more funds for workers in that economy. Usually, the indicator economists employ to determine the prosperity, or well-being, of a country or region is GDP per capita.

Furthermore, GDP and population are elements in the per capita equation. This implies countries with a relatively large GDP may or may not have the highest per capita GDP. Countries may also experience an important increase in per capita GDP as they become more advanced in technological progressions.

Therefore, the correct answer is as given above.

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When property rights are well defined and markets are: competitive market equilibrium violates the conditions for economic efficiency.market equilibrium is consistent with economic efficiency.conditions necessary for economic efficiency no longer apply.quantity supplied will rarely equal the quantity demanded.

Answers

Complete Question:

When property rights are well defined and markets are competitive, the

Group of answer choices:

a. market equilibrium violates the conditions for economic efficiency.

b. market equilibrium is consistent with economic efficiency.

c. conditions necessary for economic efficiency no longer apply.

d. quantity supplied will rarely equal the quantity demanded.

Answer:

b. market equilibrium is consistent with economic efficiency.

Explanation:

A property right is the exclusive or sole authority which determines the legal ownership of resources and how these resources are to be used, whether by individuals or government.

Also, a competitive market is a type of market that comprises of numerous producers who compete with each other so as to satisfy or meet the material needs and wants of consumers at a specific period of time.

Hence, when property rights are well defined and markets are competitive, the market equilibrium is consistent with economic efficiency.

This ultimately implies that, when the ownership of resources are well defined and markets are competitive, all benefits from trade between the consumers and producers of goods and services has been maximized, and each units creating more benefit to the consumers than cost have been produced in the economy.

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only TA BA financial calculator only
3. A 25 -year bond issue of \( \$ 5,000,000 \) and bearing interest at \( 4.25 \% \) payable annually is sold to yield \( 4.5 \% \) compounded semi-annually. What is the purchase price of the bond? (5

Answers

The present value of the bond is $4,438,290.36.

Face value of the bond, F = $5,000,000

Annual interest rate, r = 4.25%

Number of years to maturity, n = 25

Semiannual compounding of the bond = 2 times a year

Yield rate, y = 4.5%

Calculation of the semi-annual interest rate = (1 + r/2)^(2n) - 1(1 + r/2)^(2×25) - 1 = 0.086805

Semi-annual interest rate, i = r/2 = 2.125%

Calculation of the present value of the bond using the below formula.

PV of bond = F * [ i / (1 + y/2)^(2n) ] + (C * [ 1 - (1 + y/2)^-m ] / (y/2))PV = $4,438,290.36

Hence, the present value of the bond is $4,438,290.36.

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One column of numbers consists of 28,42, and 14. When the digits of the numbers are added together, the result is 2+8+3+2+1+4+4=21, and when the digits of 21 are then added together, the end result is 2+1=3. If the same process is performed on the numbers in a second column, what can be concluded?

Answers

Answer:

D. If the end result from the second column is not 3, then the sum of the numbers in the first column is not equal to the sum of the numbers in the second column.

Explanation:

From the list of given options (see the comment section for options a - d), option (d) is correct.

To answer this question, we need to analyze each of the options

For (a):

The sum of numbers in both columns may be equal even if they are different.

Take for instance, the numbers in the second column is: 82, 42 and 14.

We have:

\(8+2+4+2+1+4=21\)

\(2 + 1 = 3\)

So, (a) is incorrect

For (b):

As shown in (a) above,  

If both column contain the same numbers, then definitely the end result will be the same. So option (b) is incorrect and impossible

For (c):

This is not true.

In the first column, we have the sum of the first process to be 21 which ends up giving 3 (i.e. 2 + 1 = 3).

The result of the second column can be 12 which also gives 3 i.e. 1 + 2 = 3 (and 12 is not equal to 21)

So, (c) is also incorrect

For (d):

This is the only true option

If the end result is not three, then the results of the first process is not the same for both columns.

Answer:

If the end result from the second column is not 3 then the sum of the numbers in the first column is not equal to the sum of the numbers in the second colemn

Explanation:

For me it was B but read very closly

how does having a budget help you avoid the traps of digital marketing?

Answers

Even if something is being targeted at you, you won't spend more than you have set aside for the month.

What is the Internet user tracking approach for digital marketing?

With the use of analytics, marketers can now monitor user activity at a very granular level, including how frequently users click links, how long they stay on websites, how frequently they receive emails, and much more.

How can being content contribute to being a smart consumer?

You are liberated from the gravitational pull of things by the force of contentment. Your urge to evaluate yourself against others will diminish. You are freed from a lot of the anxiety and stress that weigh you down.

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What type of business is a sole proprietorship?

Answers

Answer: Hello: ) ✨

( Unincorporated Business )

A sole proprietor is someone who owns an unincorporated business by himself or herself. However, if you are the sole member of a domestic limited liability company (LLC), you are not a sole proprietor if you elect to treat the LLC as a corporation.

Explanation:

Retail Trading Activities. Retail activities such as selling of grocery, household goods, merchandise, electric goods, .

Have a Nice day/night<3 .

Rex is currently taking physics as one of his electives in school. His grade at the end of the year is determined by the average of four exams, each worth 100 points. On his first test he got an 84, on his second he got a 86, and on his third an 92. What must he score on his fourth exam to get an A (90%) in the course?

a. 98

b. 90

c. 88

d. 86

Answers

the answer is 90%because you add up every thing

Answer:

98%

Explanation:

Introduce professions related to public service with examples.​

Answers

Answer:

Social worker

Explanation:

Social workers are people who work with family & communities to help people solve and manage problems in their everyday lives.

Hope this helped!

A new client of yours, Lilly Waters wants to open an ice cream shop near the downtown shopping center. She will sell ice cream cones or in a cup, shakes, sundaes, and soda. Her grand opening will be August 1, 2022. LIlly needs help figuring out how her business will perform the first year in business. She has hired you as an independent consultant, prepare a cash proforma budget for her business venture. This is a spreadsheet that helps forecast income and expenses over a period of time). It can be used to plan and manage the business if done correctly.


Required:


Construct a monthly proforma cash budget for your client for the first year of operations

Answers

This proforma cash budget shows that your ice cream shop will generate a positive cash flow of $4,000 per month, which should be enough to cover your monthly expenses and allow you to build up some cash reserves.

First, let's estimate your monthly sales revenue. Based on your menu, we can estimate that your average sale price will be around $5. We'll assume that you can serve 60 customers per day on average, with an average of 1.5 items per customer. This gives us a monthly sales revenue of:

Monthly sales revenue = Average sale price x Customers per day x Items per customer x Days per month

Monthly sales revenue = $5 x 60 x 1.5 x 30 = $13,500

Now let's estimate your monthly expenses. We'll assume the following expenses:

Rent: $2,000 per month

Utilities: $500 per month

Ingredients and supplies: $3,000 per month

Labor: $4,000 per month (you'll need at least 2 employees working at minimum wage of $15 per hour, 8 hours per day, 7 days a week)

Monthly expenses = Rent + Utilities + Ingredients and supplies + Labor

Monthly expenses = $2,000 + $500 + $3,000 + $4,000 = $9,500

Now let's calculate your monthly cash flow. We'll assume that you'll need to purchase ingredients and supplies at the beginning of each month, and that you'll receive payment from customers at the time of purchase. We'll also assume that you'll need to pay your rent and utilities at the beginning of each month.

Monthly cash flow = Monthly sales revenue - Monthly expenses

Monthly cash flow = $13,500 - $9,500 = $4,000

We'll use this monthly cash flow to create a proforma cash budget for your first year of operations. Here is the monthly cash budget for your ice cream shop:

Month Sales Revenue Expenses Cash Flow

Aug $13,500 $9,500 $4,000

Sep $13,500 $9,500 $4,000

Oct $13,500 $9,500 $4,000

Nov $13,500 $9,500 $4,000

Dec $13,500 $9,500 $4,000

Jan $13,500 $9,500 $4,000

Feb $13,500 $9,500 $4,000

Mar $13,500 $9,500 $4,000

Apr $13,500 $9,500 $4,000

May $13,500 $9,500 $4,000

Jun $13,500 $9,500 $4,000

Jul $13,500 $9,500 $4,000

This proforma cash budget shows that your ice cream shop will generate a positive cash flow of $4,000 per month, which should be enough to cover your monthly expenses and allow you to build up some cash reserves.

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What is the major purpose of a bank reconciliation statement?

Answers

Answer:

The bank reconciliation is an internal document that verifies the accuracy of records maintained by the depositor and the financial institution.

Explanation:

The balance on the bank statement is adjusted for outstanding checks and uncleared deposits. The record balance is adjusted for service charges and interest earned.

A car has a base price of $23,800.00. Options cost $356.00, $785.00, and $900.00 for stereo, wheels and paint. Destination charges are $640.00. The dealer pays 82% of the base price and 75% of the options. Determine the sticker price.
$25,000.00
$23,800.00
$26,481.00
$25,841.00

Answers

The sticker price of the car is $26,481.00 based on the component costs provided

What is the sticker price of the car?

The sticker price of the car comprises the retail price, the cost of options as well as the destination charges, which is also referred to as the cost for economy mileage, bearing in mind that sticker price is the price of car written on a sticker and affixed to a car.

The sticker price=base price+cost of stereo+cost of wheels+cost of paint+destination charges

base price= $23,800.00

cost of stereo=$356.00

cost of wheels=$785.00

cost of paint=$900.00

destination charges=$640

sticker price=$23,800.00+$356.0+$785.00+$900+$640.00

sticker price=$ 26,481.00

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Which statement best summarizes the law of demand ?

A. Sellers only supply goods that are in high demand from buyers.
B. Buyers are more likely to buy a products that is supplied in large quantities.
C. Sellers can easily substitute a product in high demand with another product.
S. Buyers are more interested in purchasing products as those products decline in price.

Thank you :)

Answers

Buyers are more likely to buy a product that is supplied in large quantities.

What is the law of demand?

The law of demand states that the quantity purchased varies inversely with the price. In other phrases, the better the rate, the lower the quantity demanded.

What are the types of demand?

Individual and Market DemandOrganization and Industry DemandAutonomous and Derived DemandDemand for Perishable and Durable GoodsShort-term and Long-term Demand

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What does the phrase internalizing an external cost mean?.

Answers

Answer:

It means, "forcing producers to factor into their production costs the cost of the externalities created in the production of their output."

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What is the area of this figure?

Enter your answer as a decimal in the box.

What is the area of this figure?Enter your answer as a decimal in the box.

Answers

81 +18+31.5 so 130.5

Terrance lives in an area that is expensive, but he does not want to move. When looking at a career, what should Terrance consider? He should choose a career cluster that will allow him to support himself. He should pick a career that speaks to his heart and worry about the finances later. He should ask his family to help support him. He should not worry because he can dictate how much money he will earn.

Answers

Answer:

He should choose a career cluster that will allow him to support himself.

Explanation:

Which of the following statements is true about the impact of an increase in the price of lettuce? Your answer: The equilibrium price and quantity of salad dressing will rise. The demand for lettuce will decrease. Both the demand for lettuce will decrease and the equilibrium price and quantity of salad dressing will fall. The equilibrium price and quantity of salad dressing will fall. The supply of lettuce will decrease.

Answers

Answer:

Explanation: i don't know

The true statement about the  impact of an increase in the price of lettuce is the P* and quantity of salad dressing will fall.

What is the impact?

The term impacts The feeling you leave on this life and others is your legacy. You have the ability to become responsible for your actions and be designate of your path. You can be measured about your influence and your impact.

As, the decreases of demand will cause the price of the equity to fall. As the given value of decreases, as there were the increases of the supply and the all other things are unchanged. The causes of the price will the equity to fall.  

Therefore, option (D) is correct.

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The right option is follows.

The demand for lettuce will decrease

The supply of lettuce will decrease

The P* and quantity of salad dressing will rise

The P* and quantity of salad dressing will fall

Both A and D are true

How important is money

Answers

Answer:

very important

Explanation:

money is a global income source for everyone. we all have different types but it is all still money. now say one country got rid of money and had people pay for stuff using other things. if china did that lots of different countries wouldn't be able to get stuff from there unless they had so much of that product they could just give it up.

If Ryan purchases a sandwich, he is using money as:
A. a medium of exchange
B. A unit of measure
C. A store of value

Answers

Answer:

a. a medium of exchange

Explanation:

i took the test

If Ryan purchases a sandwich, he is using money as a medium of exchange. Thus, the correct answer is option A.

What is money?

Money is any item or verifiable record that is widely accepted in a particular country or socioeconomic context as payment for goods and services and repayment of debts, such as taxes. It is the medium in which prices and values are expressed.

The primary functions of money are- as a medium of exchange, a unit of account, a store of value and sometimes, a standard of deferred payment.

Ryan is purchasing the sandwich with the help of money. Money is exchanged for the sandwich, acting as a medium of exchange.

Therefore, Ryan is using money as a medium of exchange.

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Under what condition do you think extravert make more effective leader than introvert? What unique abilitie of introvert could make them more effective in ome ituation?

Answers

When it comes to interacting with peers and big groups of people, extroverts can be more effective leaders. Extraversion frequently manifests as talkativeness, friendliness, and excitement. These traits facilitate effective group interaction, communication, problem-solving, and critical thinking.

Introverts can become more effective in a one on one situation because listening is among the unique skills that tend to come naturally for introverts. They listen to what is explicitly stated and often pick up on implications, thoughts, and feelings that are not said.

Introverts allow others to speak while yet speaking up when necessary. Others instantly feel at home with them since they always endeavor to make others around them happy. Due to their delicate nature, they may also be patient with others, even when they are stepping on their toes.

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which of the following correctly explains the crowding-out effect? a. an increase in government expenditures decreases the interest rate and so increases investment spending. b. an increase in government expenditures increases the interest rate and so reduces investment spending. c. a decrease in government expenditures increases the interest rate and so increases investment spending. d. a decrease in government expenditures decreases the interest rate and so reduces investment spending.

Answers

An increase in the government expenditures increases interest rate and so reduces the investment spending correctly explains crowding-out effect.

What is crowding-out?

Crowding out is a phenomenon in economics that happens when increased government involvement in a market economy sector significantly impacts the rest of the market, either on the supply or demand side of the market. When expansive fiscal policy results in less private sector investment spending, this is one type that is frequently discussed. Government spending "crowds out" investment because it requires more loanable funds, raising interest rates in the process and lowering investment spending. A drawback of solutions based on private exchange is the crowding out of intrinsic motivation and prosocial norms in response to the financial incentives of voluntary market exchange, and behavioral economists and other social scientists use the term "crowding out" to describe this.

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Could someone help me please?

Answers

Answer: Yes Definitely. But i need the question

Explanation:

you can get the solution on Brainly straightly.

When two companies get involved in each other's business in any form, there are structural changes that take place in both companies. The following is one of the ways in which companies join forces: Two companies enter into a formal relationship to pursue a mutually beneficial goal without combining all their assets. This statement best describes a. Digicon Inc. has been a leading producer of computer hardware, including hard drives and CD-ROM drives, for a couple of decades. More recently, Digicon entered the software market, and this division has grown to be a major part of Digicon's overall corporate structure. The hardware and software markets are very different lines of business and the firm has struggled at times when making strategic decisions that affect both lines. Digicon is now in the process of carving out its software division. Which method of changing corporate control does this example illustrate? Merger or acquisition Leveraged buyout Divestiture Corporate alliance

Answers

The example provided in the statement illustrates a divestiture as a method of changing corporate control. Option C is correct.

A divestiture refers to the process of a company selling, spinning off, or otherwise disposing of a portion of its business or division. In this case, Digicon Inc., a company primarily involved in computer hardware production, entered the software market and developed a software division. However, the hardware and software markets are distinct and have different strategic considerations.

Due to the challenges faced by Digicon in making strategic decisions that affect both the hardware and software lines of business, the company has decided to carve out its software division. Carving out the division means separating it from the rest of the company, potentially creating a separate entity or forming a partnership to focus on the software market independently.

By divesting the software division, Digicon can streamline its operations, allocate resources more effectively, and potentially enable the software division to pursue its goals and strategies more efficiently. This approach allows both the hardware and software divisions to pursue their respective goals and objectives without completely combining all their assets.

Hence, C. is the correct option.

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--The given question is incomplete, the complete question is

"When two companies get involved in each other's business in any form, there are structural changes that take place in both companies. The following is one of the ways in which companies join forces: Two companies enter into a formal relationship to pursue a mutually beneficial goal without combining all their assets. This statement best describes a. Digicon Inc. has been a leading producer of computer hardware, including hard drives and CD-ROM drives, for a couple of decades. More recently, Digicon entered the software market, and this division has grown to be a major part of Digicon's overall corporate structure. The hardware and software markets are very different lines of business and the firm has struggled at times when making strategic decisions that affect both lines. Digicon is now in the process of carving out its software division. Which method of changing corporate control does this example illustrate? A) Merger or acquisition B) Leveraged buyout C) Divestiture D) Corporate alliance."--


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