Ravenscraft and Scherer concluded in their study that many good companies were acquired between January 1990 and July 1995,and on average,their profits and market shares _______ following the acquisition.
A) declined
B) skyrocketed
C) doubled
D) remained the same
E) followed the market value

Question

Quizplus · Accepted Answer

Ravenscraft and Scherer's study found that, on average, the profits and market shares of many good companies declined following their acquisition between January 1990 and July 1995.

Ravenscraft and Scherer Concluded in Their Study That Many Good