Answer:
Retrenchment strategy
Explanation:
Retrenchment strategy is often used in order to cut expenses with the goal of becoming a more financial stable business. A company that is reducing the scope of its activities by selling unprofitable business units or those no longer directly related to its overall aims is likely following a retrenchment strategy
The following are characteristics of Retrenchment strategy:
- designed to reduce the scale or scope of a corporation's business/ operations
- weaker competitors often resort to retrenchment when national business environments grow more competitive
- company that is closing factories with unused capacity and laying off worker sis likely following a retrenchment strategy
Answer:
$80,000
Explanation:
Sienna owned $200,000 worth of real estate at her death
This real estate was titled with her sister in joint tenancy with the right of ownership
Sienna contributed $50,000 to the total cost of the property
Her sister contributed the remaining $75,000
The first step is to determine the portion contributed by Sienna
= $50,000/$50,000+$75,000
= $50,000/$125,000
= 0.4×100
= 40%
Therefore, the amount that should be included in Sienna's gross estate can be calculated as follows
= 40/100 × $200,000
= 0.4 × $200,000
= $80,000
Hence the amount that should be included in Sienna's gross estate is $80,000
It would be D
because it depends on how much the bidder values the item.
It seems to me that this question is not hard at all lol the answer is true