Upon acquiring a new computer operating system, management at Berryhill worried that computer virus might cripple the company's operation. Despite the concern, management did not think that the risk was high enough to justify the purchase of an anti-virus software. Berryhill chose to ________ the risk of being crippled by computer virus

Normalization helps build a data model that is simple, not redundant, and requires minimum maintenance

Indicate whether the statement is true or false

Partridge purchased a 60% interest in Sparrow on January 1, 2016, for $240,000 . At the time of the purchase, Sparrow had the following stockholders' equity:

Common stock ($10 par) $ 80,000 Retained earnings 120,000 Total stockholders' equity $200,000 Any excess is attributable to equipment with a 10-year life. On January 1, 2016, the retained earnings of Sparrow was $175,000 . The entire investment was sold for $300,000 on January 1, 2016 . The gain was ____. a. $87,000 b. $90,000 c. $27,000 d. $78,000