Anegative effect of acquiring other firms for the purpose of innovation is:

a. the acquired firm's employees usually leave.
b. innovations may not actually be present in the firm after the purchase is completed.
c. the effect it can have on the firm's own ability to produce innovations.
d. innovations cannot be transferred between organizations.

Cash flows during the first year of operations for the harman-kardon consulting company were as follows: cash collected from customers, $385,000; cash paid for rent, $49,000; cash paid to employees for services rendered during the year, $129,000; cash paid for utilities, $59,000. in addition, you determine that customers owed the company $69,000 at the end of the year and no bad debts were anticipated. also, the company owed the gas and electric company $2,900 at year-end, and the rent payment was for a two-year period.

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