Examlex
SEC registration is not required when a company makes a:
Retail Items
Products that are purchased by consumers for personal use, usually sold in retail stores or through online platforms.
B2C
An acronym for "Business-to-Consumer," describing transactions conducted directly between a company and consumers who are the end-users of its products or services.
Book to Capital
The ratio of a company's net book value of its assets to its capital, indicating how much of the company's assets are financed by shareholder capital.
Purchases Journal
A journal used to record all purchases of goods and services on credit for a company's operational needs.
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