In 2007, Makber, Inc., 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 current 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

Prepare the operating activities section—indirect method.(lo 4), apthe income statement of paxson company is presented here.paxson companyincome statementfor the year ended november 30, 2014sales revenue $7,600,000cost of goods sold beginning inventory$1,900,000 purchases4,400,000goods available for sale6,300,000 ending inventory1,600,000total cost of goods sold 4,700,000gross profit 2,900,000operating expenses selling expenses450,000 administrative expenses700,0001,150,000net income $1,750,000additional information: prepare the operating activities section—indirect 1. accounts receivable decreased $380,000 during the year, and inventory decreased $300,000.2. prepaid expenses increased $150,000 during the year.3. accounts payable to suppliers of merchandise decreased $350,000 during the year.4. accrued expenses payable decreased $100,000 during the year.5. administrative expenses include depreciation expense of $110,000.instructionsprepare the operating activities section of the statement of cash flows for the year ended november 30, 2014, for paxson company, using the indirect method.net cash provided $1,940,000