A(n)______ Is Any Change in the Ownership of an Organization

question 3

Multiple Choice

A(n) ______ is any change in the ownership of an organization that changes the legal existence of the organization.

• A) arbitration
• B) rescission
• C) restitution
• D) dissolution
• E) extradition

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Definitions:

Firm's Profitability

Indicates how effectively a company generates profit compared to its expenses and other relevant costs.

Inventory Period

The average time it takes for inventory to be sold and converted into cash or accounts receivable.