When a private firm makes its equity available to the public in order to meet its need for equity capital, it undertakes a process known as:
A) a shelf registration.
B) an addition to retained earnings.
C) an initial public offering.
D) a secondary stock offering.
C
You might also like to view...
When organizations protect new employees from committee assignments and other extra activities so that they can get their careers off to a productive start, they are using the _____ type of allocation norms
A. propensity norm B. need norm C. reciprocity norm D. equity norm E. equality norm
The direct allocation method ________
A) does not allocate support department costs to other support departments B) uses information about reciprocal services provided among support departments and can therefore lead to inaccurate estimates of the cost of operating departments C) allocates complete reciprocated costs D) offers key input for outsourcing decisions