If a company has 60 branch stores and closes down 42 of those stores, will...

60.1K

Verified Solution

Question

Accounting

If a company has 60 branch stores and closes down 42 of those stores, will that qualify as discontinued operations?
If a company has separate divisions that sell toys, clothing, electronics and housewares through its separate stores, and decides to stop selling electronics, will that qualify?

Answer & Explanation Solved by verified expert
Get Answers to Unlimited Questions

Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!

Membership Benefits:
  • Unlimited Question Access with detailed Answers
  • Zin AI - 3 Million Words
  • 10 Dall-E 3 Images
  • 20 Plot Generations
  • Conversation with Dialogue Memory
  • No Ads, Ever!
  • Access to Our Best AI Platform: Flex AI - Your personal assistant for all your inquiries!
Become a Member

Other questions asked by students