Which of the following is not a potential benefit of a


1. Synergy is said to occur when the whole is

equal to the sum of the parts.

less than the sum of the parts.

greater than the sum of the parts.

greater than or equal to the sum of the parts.

2. Which of the following is NOT a potential benefit of a merger?

An improved financing posture

A portfolio effect

Dilution of earnings per share

A tax loss carryforward

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Financial Management: Which of the following is not a potential benefit of a
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