Which of the following is not a rationale as to why a firm may want to divest itself of some of its assets?
A) To raise cash.
B) To get rid of unprofitable operations.
C) To get rid of some assets received in an acquisition.
D) To cash in on some profitable operations.
E) To attain horizontal diversification.

Question

Quizplus · Accepted Answer

Divesting assets is typically not done to attain horizontal diversification; rather, it is often done to focus on core operations, raise cash, or eliminate underperforming or non-core assets.

Which of the Following Is Not a Rationale as to Why