Tracking Stocks Are Often Created to Give Investors a Pure

question 95

True/False

Tracking stocks are often created to give investors a pure play investment opportunity in one of the parent's subsidiaries.

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Definitions:

Depreciation

An accounting method of allocating the cost of a tangible asset over its useful life.

Salaries Accrued

Wages that have been earned by employees but have not yet been paid by the company.

End-of-period Spreadsheet

A tool used for accounting that summarizes all accounts and balances at the end of a period to prepare financial statements.

Balance Sheet Columns

The sections in a balance sheet that categorize and display a company's assets, liabilities, and shareholders' equity at a specific point in time.