Pappelbon Enterprises recently acquired a chain of convenience stores offering both fuel and food. Pappelbon is now surprised and dismayed to find that the gas pumps have been poorly maintained and will need to be replaced at considerable expense. All of the following statements accurately reflect this EXCEPT: a. Pappelbon overpaid. b. Pappelbon did not fully evaluate the target. c. Pappelbon's management was overly focused on acquisitions. d. Pappelbon's due diligence was not fully effective.
1 answer
Question:
pappelbon Enterprises recently acquired a chain of convenience stores offering both fuel and food. Pappelbon is now surprised and dismayed to find that the gas pumps have been poorly maintained and will need to be replaced at considerable expense. All of the following statements accurately reflect this EXCEPT: a. Pappelbon overpaid. b. Pappelbon did not fully evaluate the target. c. Pappelbon's management was overly focused on acquisitions. d. Pappelbon's due diligence was not fully effective.
Answers
Answer:Pappelbon EnterprisesAll of the following statements accurately reflect this EXCEPT: c. Pappelbon's management was overly focused on acquisitions.Explanation:Acquisitions require effective due diligence to be performed on the target. Due diligence involves a full evaluation of the company to be acquired. The evaluation should have uncovered the poor maintenance culture of the acquiree. When it is established that many of the gas pumps would need replacement, the acquisition cost should have been reduced accordingly. These steps will also enable the management to not overpay for the acquired entity.
Similar Solved Questions
1 answer
What is the volume of the cone with a radius of 10ft and a height of 21ft?round to the nearest cubic foot
What is the volume of the cone with a radius of 10ft and a height of 21ft?round to the nearest cubic foot...
1 answer
You are standing on a slippery sheet of ice that covers a parking lot. A friend throws you a 0.600‐kg ball that is traveling horizontally at 10.0 m/s. Your mass is 70.0 kg. a) If you catch the ball, with what speed will you and the ball move afterward? b) If the ball hits you and bounces off of your chest, so afterward it is moving horizontally at 8.0 m/s in the opposite direction, what is your speed after the collision?
You are standing on a slippery sheet of ice that covers a parking lot. A friend throws you a 0.600‐kg ball that is traveling horizontally at 10.0 m/s. Your mass is 70.0 kg. a) If you catch the ball, with what speed will you and the ball move afterward? b) If the ball hits you and bounces off of yo...
2 answers
Which is the correct definition for an ecosystem?
Which is the correct definition for an ecosystem?...
1 answer
Which alternative form of multimedia will make audio clips more accessible to people with hearing disabilities
Which alternative form of multimedia will make audio clips more accessible to people with hearing disabilities...
1 answer
The First Continental Congress wrote and signed the Declaration of Independence true or false
the First Continental Congress wrote and signed the Declaration of Independence true or false...
1 answer
Which scenario most clearly sympbolizes guilt
which scenario most clearly sympbolizes guilt...
1 answer
Which environmental group is most associated with using con- frontational tactics in order to raise awareness for environmental issues that they find important? A Environmental Defense Fund B Greenpeace С Sierra Club D World Wildlife Fund
Which environmental group is most associated with using con-
frontational tactics in order to raise awareness for environmental
issues that they find important?
A
Environmental Defense Fund
B
Greenpeace
С
Sierra Club
D
World Wildlife Fund...
1 answer
What conclusion does Annan draw about the future of the United Nations? What argument does he make about how the United Nations should change?
What conclusion does Annan draw about the future of the United Nations? What argument does he make about how the United Nations should change?...
1 answer
Springs collect water from an underground source called Aquafers. O True O False
Springs collect water from an underground source called Aquafers.
O True
O False...
1 answer
A flower gardener discover that all the flower he planted could not grow. The farmer requested the services of an agro technician who after some test discovered that the soil had too much of acid which prohibit plants growth. a) Discuss the procedure used by the scientist to know the soil is acidic b) Discuss how the farmer can remove the acid in the soil to make it fit for use
A flower gardener discover that all the flower he planted could not grow. The farmer requested the services of an agro technician who after some test discovered that the soil had too much of acid which prohibit plants growth. a) Discuss the procedure used by the scientist to know the soil is acidic ...
1 answer
Mara and alex are running laps around a track. Alex completes a lap every 45 secs and Mara every 36. If they starts at the same time, how long will it be until they cross the start line together? Plz its for homework that is due TOMORROW...
Mara and alex are running laps around a track. Alex completes a lap every 45 secs and Mara every 36. If they starts at the same time, how long will it be until they cross the start line together? Plz its for homework that is due TOMORROW......
2 answers
If your bike wheel has a diameter of 2.5 feet, how many times does the wheel make a full rotation?
If your bike wheel has a diameter of 2.5 feet, how many times does the wheel make a full rotation?...
2 answers
Explain in a paragraph of at least four sentences how playing football can be training for a more productive life
Explain in a paragraph of at least four sentences how playing football can be training for a more productive life...
1 answer
Which graph represents the solution set of the equation 3y - x - 9 = 0?
Which graph represents the solution set of the equation 3y - x - 9 = 0?...