The nature of work and the workflow in the animation department of Hanzel Talkies, a movie production company, completely differs from that of other departments in the company. Hence, Hanzel Talkies decides to branch the animation department out into a new company by selling the stock to outside investors. In this scenario, Hanzel Talkies is using a strategy called a(n):
A. conglomerate merger.
B. acquisition.
C. carve-out.
D. cross-boundary subsidization.
Answer: C
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Park, Inc purchased merchandise from Jay Zee Music Company on June 5, 2016 . The goods were shipped the same day. The merchandise's selling price was $15,000 . The credit terms were 1/10, n/30 . The shipping terms were FOB shipping point. Park received the merchandise on June 10, 2016 . Park paid the amount due on June 13, 2016. Who is responsible for payment of the transportation costs on the
merchandise sold by Jay Zee Music to Park? a. Split equally between the two companies b. Jay Zee Music Company c. Park, Inc. d. Cannot be determined from the information provided
Which of the following economic characteristics is consistent with a commercial bank?
a. Low barriers to entry. b. High levels of research and development. c. Low profit margin on lending activities. d. Low profit margin on fee-based financial services, such as merger consulting.
Jonas Corporation has excess cash to invest and pays $200,000 to buy 7%, five-year bonds of Ridgeline Corporation, at face value, on June 30, 2018. The bonds pay interest on June 30 and December 31. Jonas intends to hold the bonds to maturity. The bonds are disposed of, at face value, on June 30, 2023.
Prepare the journal entry for December 31, 2018 (omit the explanation).
A material item is one that is likely to affect a user's decision
Indicate whether the statement is true or false