NO.PZ2018101501000127
问题如下：
Lee states that the lowvaluation reflects current poor performance of a subsidiary of Moonbase. Sherecommends that the board of directors consider divesting the subsidiary in amanner that would provide cash inflow to Moonbase.
选项：
A. a spin-off
B. a split-off
C. an equity carve-out
解释：
An equity carve-out involves sale of equity in a new legal entity to outsiders, and would thus result in a cash inflow for Moonbase. A spin-off or a split-off does not generate a cash flow to the firm.
A spin-off 不产生现金流， a split-off也不产生现金流吗？
