Examlex
Which of the following was identified as a benefits of diversion programs?
New Bonds
Recently issued debt securities by governments, municipalities, or corporations to finance their operations.
New Stock
Shares that are issued for the first time to the public by a company seeking to raise capital.
Indirect Method
A technique used in financial reporting to convert net income into net cash flow from operating activities, by adjusting for non-cash transactions.
Investment Bankers
Financial professionals who assist corporations and governments in raising capital by underwriting and issuing securities and advising on mergers and acquisitions.
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