The result of spin-off to the parent company is ________.
A) additional stock to the parent through stock dividend
B) additional cash from the sale
C) additional debt by the parent through issue of bonds
D) no additional cash to the subsidiary
A) additional stock to the parent through stock dividend
You might also like to view...
In some U.S. states, disputes involving less than a certain amount of money automatically go to arbitration
Indicate whether the statement is true or false
A marketing intermediary that sells products to other wholesalers or to retailers is known as a/an:
a. wholesaler b. contractual VMS c. corporate VMS d. retailer e. store
[The following information applies to the questions displayed below.]Packard Company engaged in the following transactions during Year 1, its first year of operations: (Assume all transactions are cash transactions.)1) Acquired $950 cash from the issue of common stock. 2) Borrowed $420 from a bank. 3) Earned $650 of revenues. 4) Paid expenses of $250. 5) Paid a $50 dividend. During Year 2, Packard engaged in the following transactions: (Assume all transactions are cash transactions.)1) Issued an additional $325 of common stock. 2) Repaid $220 of its debt to the bank. 3) Earned revenues of $750. 4) Incurred expenses of $360. 5) Paid dividends of $100. What is the amount of assets that will be reported on Packard's balance sheet at the end of Year 2?
A. $395 B. $440 C. $2,215 D. $2,115
The shortest-route technique is the same as the minimal-spanning tree technique
Indicate whether the statement is true or false