One of the financing strategies Graeter's has not used is to sell common stock to the general

Question:

One of the financing strategies Graeter's has not used is to sell common stock to the general public. Why would Graeter's hesitate to go public? Do you agree with its decision to use debt rather than equity financing?

Common Stock
Common stock is an equity component that represents the worth of stock owned by the shareholders of the company. The common stock represents the par value of the shares outstanding at a balance sheet date. Public companies can trade their stocks on...