Graded Homework

Please read a few articles online related to Toshiba Corporation’s recent accounting scandal. Prepare two pages which discusses your view on their divestiture of their shares of both Finish Company Kone and Japan’s Topcon. Do you believe these stock sales were to:

1) book profits in face of accounting scandal losses,

2) generate cash,

3) refocus on core business…..or some combination of these reasons or some other reasons?