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Naddika [18.5K]
3 years ago
6

This news segment comes at a time when Alibaba was preparing to offer its stock to investors through the New York Stock Exchange

. The company will raise funds through this process. This is important for the future of Alibaba's corporate-level strategy because:
a.The company will have to change its strategy to spend more money and become larger to support stockholders.

b.The company can only have business-level strategies once it is a member of the NYSE.

c.Free cash flow is utilized to fund a diversification strategy and having additional funds could support future investments.

d.Shareholders can provide unlimited funds without restrictions or input on corporate strategy.
Business
1 answer:
nataly862011 [7]3 years ago
3 0

Answer:

C. Free cash flow is utilized to fund a diversification strategy and having additional funds could support future investments.

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<u />

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3 years ago
Suppose a stock had an initial price of $54 per share, paid a dividend of $1.30 per share during the year, and had an ending sha
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A reversing entry is the exact opposite of an adjusting entry made in a previous period. is made when a business disposes of an
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<em><u /></em>

Explanation: Reversion entries are an end-of-the-year technique that involves the reversal, on the first day of the new accounting period, of those end-of-year adjustment entries that cause expenses or income and therefore will result in payments or cash receipts. Its purpose is to allow company personnel to record routine transactions in a standard manner without referring to previous adjustment entries.

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