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Upstream sale of inventory and downstream sale

Please assist with the given problems. Provide brief solutions. Include references in the solution.

Problem 1. Discuss the term "synergy" and whether or not completed mergers attain synergistic effects as are often anticipated before the merger.

Problem 2. Distinguish between an upstream sale of inventory and a downstream sale. Why is it important to know whether a sale is upstream or downstream?

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Finance Basics: Upstream sale of inventory and downstream sale

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