Question

when a company sells off part of its business, this transaction is reported in a/ the

Answer 1

Answer:

uhegySjjsjeh4hebshhejjee

Answer 2

Divestiture  

Explanation:

• A divestiture is the half or full disposal of a business unit through sale, exchange, closure, or bankruptcy.

• A divestiture most ordinarily results from a management decision to cease operating a business unit because it's not a part of a core competency.

• A divestiture might also occur if a business unit is deemed to be redundant after a merger or acquisition, if the disposal of a unit increases the sale value of the firm, or if a court need the sale of a business unit to upgrade market competition.