In an Initial Public Offering (IPO),a Company Raises Capital by Selling

question 61

True/False

In an initial public offering (IPO),a company raises capital by selling shares of its stock to the general public for the first time.

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Definitions:

Agricultural Production

The process of cultivating crops and livestock for human consumption, a key sector in economies for providing food and raw materials.

Factory Workers

Individuals employed in factories or industrial sites, responsible for operating machinery, assembling products, and performing other tasks related to manufacturing.

Modernize

The process of adapting something to meet current standards or needs, often through the adoption of new technologies or practices.

Cultivated

Refers to land that has been prepared and used for crop production or gardening, also implies refinement or development of the mind or manners.