A full-credit initial post will be five sentences or more, contain correct grammar and spelling, and reflect your opinion along with a cite from an online source other than the textbook.

Assume that the president of Acme Equipment Inc. made the following statement in the Annual Report to Shareholders:

The founding family and majority shareholders of the company do not believe in using debt to finance future growth. The founding family learned from hard experience during Prohibition and the Great Depression that debt can cause loss of flexibility and eventual loss of corporate control. The company will not place itself at such risk. As such, all future growth will be financed either by stock sales to the public or by internally generated resources.

Required

As a public shareholder of this company, how would you respond to this policy?