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Which of the Following Institutions Has Helped to Eliminate the Use

question 20

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Which of the following institutions has helped to eliminate the use of stock certificates by placing stock transactions on computers?


Definitions:

Nature of Assets

The inherent characteristics that define the resources owned by a business, potentially providing economic value or benefit in the future.

Optimal Level

The most efficient, effective, or desirable amount or degree of something.

Financial Leverage

The use of borrowed money (debt) to amplify the potential return on investment.

Break-even EBIT

The level of earnings before interest and taxes (EBIT) at which a company neither makes a profit nor incurs a loss.

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