Which of the Following Statements Concerning the Volume and Number

question 51

Multiple Choice

Which of the following statements concerning the volume and number of IPOs issued over time is most correct?

• A) They are cyclical.
• B) They tend to rise over time.
• C) They tend to fall over time.
• D) They remain approximately the same over time.

---

Definitions:

Operating Cycle

The average period of time it takes for a business to convert its inventory into cash through sales.

Twelve Months

A term commonly used in finance and business to refer to a full fiscal or calendar year.

Long-Term Debt

Debt obligations due for repayment in more than one year, often used for significant business investments.

Issue Date

The date on which a security (like a bond or stock) is issued or made available for sale.