Which of the following terms refers to the process of converting a not-for-profit stock exchange owned by its members to a for-profit organization with publicly-traded stocks that are owned by outside shareholders?
A. Privatization
B. Diversification
C. Demutualization
D. Consolidation
E. Flotation
Answer: C
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Modern Designs is a new business. During its first year of operations, credit sales were $43,000 and collections of credit sales were $34,000. One account, $625, was written off. Management uses the percent-of-sales method to account for bad debts expense and estimates 3% of credit sales to be uncollectible. Bad debts expense for the first year of operations is ________.
A) $665 B) $1290 C) $625 D) $2310
Mechanics include all of the following except
A) content. B) punctuation. C) number expression. D) word division. E) abbreviations.
There is a perception among some that affirmative action results in quotas and reverse discrimination. Discuss the justification for affirmative action and whether affirmative action indeed results in quotas and reverse discrimination
Design decisions and artifacts that concern components arrive from two opposite directions architectural and generalization
Indicate whether the statement is true or false