In 2007, Makber, Ino, began a music video entertainment company specializing in personalized modifications of existing music videos at the individual user level. Since that time, the
corporation has diversified into the development of clothing lines and manufacturing of electronics. The percentage of the corporation's music video division has decreased from 100 percent of
its total assets, net worth, total revenues, and earnings to 29 percent of its total assets, 22 percent of its net worth, and 15 percent of Makber's revenue and earnings. After careful review of its
carrent business model and growth projections, Makber has decided to sell off its music video division without the consent of the shareholders. A large contingent of shareholders that bought
stock at the inception of Makber have an emotional connection to the music video products and are up in arms. If you were on the Board of Directors for Makber, how would you justify your
decision to the sell the division without consent of the shareholders?
Answers: 1
Business, 21.06.2019 18:30
What is the communication process? why isnt it possible to communicate without using all the elements in the communication process?
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Business, 21.06.2019 19:20
The following selected amounts are reported on the year-end unadjusted trial balance report for a company that uses the percent of sales method to determine its bad debts expense. accounts receivable $ 435,000 debit allowance for doubtful accounts 1,250 debit net sales 2,100,000 credit all sales are made on credit. based on past experience, the company estimates 1.0% of credit sales to be uncollectible. what adjusting entry should the company make at the end of the current year to record its estimated bad debts expense
Answers: 2
Business, 22.06.2019 13:20
Last year, johnson mills had annual revenue of $37,800, cost of goods sold of $23,200, and administrative expenses of $6,300. the firm paid $700 in dividends and had a tax rate of 35 percent. the firm added $2,810 to retained earnings. the firm had no long-term debt. what was the depreciation expense?
Answers: 2
Business, 22.06.2019 13:50
The retained earnings account has a credit balance of $24,650 before closing entries are made. if total revenues for the period are $77,700, total expenses are $56,900, and dividends are $13,050, what is the ending balance in the retained earnings account after all closing entries are made?
Answers: 2
In 2007, Makber, Ino, began a music video entertainment company specializing in personalized modific...
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