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Question: how strong in finance? justify sensex is the backbone of national income? Assume that you are going to merge one company? what are the steps are u taken?

Answer: It is true that sensex is the backbone of national income. Sensex is an index that measures the movement of the share prices of a group of major companies from different sectors of the economy , which implies that it is a measure of shareholders' expectations of companies' future performance based on future plans of companies and the overall economic scenario.



Category General Ledger Interview Questions & Answers - Exam Mode / Learning Mode
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Question: how strong in finance? justify sensex is the backbone of national income? Assume that you are going to merge one company? what are the steps are u taken?
Answer:

It is true that sensex is the backbone of national income. Sensex is an index that measures the movement of the share prices of a group of major companies from different sectors of the economy , which implies that it is a measure of shareholders' expectations of companies' future performance based on future plans of companies and the overall economic scenario. Source: CoolInterview.com

Answered by: Shubhi | Date: 10/27/2009 | Contact Shubhi Contact Shubhi

To merge 2 entities follow the steps given below.

Step 1

Have boards of directors and shareholders of both companies approve the merger.

Step 2

File merger forms with your secretary of state. In most states, merging two companies into one is considered a simple reorganization and thus tax free. Check your state government's Web site to see if the form is available for easy computer download.

Step 3

Work with a corporate lawyer who specializes in mergers and acquisitions, also known as an M&A lawyer. Mergers usually require a great deal of back-and-forth from both sides in order to arrive at a situation that's acceptable to both parties.

Step 4

Incorporate mediation guidelines within the new business model to provide guidance in times of disagreement.

Step 5

Know that you will lose all the advantages of name familiarity of the company that will be absorbed by the new, parent company. Decide which company can better afford that loss.

Step 6

Prepare for the typical jockeying for position in management within the new firm, as roles are recreated.

Step 7

Know that it's easier to simply merge one of the existing companies into the other than it is to create a third, separate company. This saves you from having to create a new corporation before any of the merger transactions can be accomplished.

Step 8

Be aware that the creditors of the company that becomes subsumed into the other will still have claims against the new, postmerger corporation. Just because the name disappears doesn't mean liabilities disappear as well.

Step 9

Trade the stock from the earlier, separate companies for the stock of the new parent company.
Source: CoolInterview.com

Answered by: Eby | Date: 7/27/2010 | Contact Eby Contact Eby


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