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The first step in a self-modification program is
Common Stock
A type of security that represents ownership in a corporation, giving holders the right to vote on corporate matters and receive dividends.
Significant Influence
The power to participate in the financial and operating policy decisions of an investee but not control those policies. It is often evidenced by ownership of 20% to 50% of the voting stock of the investee.
Net Income
The residual financial gain of a company post all expenditures and taxes being deducted from its revenues.
Book Value
The value left over from a company’s assets once its obligations are deducted, as listed on the balance sheet.
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