Question
In Anmol pvt. ltd, Anmol had 89% share-holding, in order to expand his business, he wanted to get more investment. In light of this statement
In Anmol pvt. ltd, Anmol had 89% share-holding, in order to expand his business, he wanted to get more investment. In light of this statement explain what is a prospectus, which type would he use and once he gets investment what would his company be called, what are its essential characteristics?
Step by Step Solution
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Step: 1
A prospectus is a legal document that companies use to provide information about their securities such as stocks or bonds to potential investors It ty...
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Auditing and Assurance Services
Authors: Timothy Louwers, Allen Blay, David Sinason, Jerry Strawser, Jay Thibodeau
7th edition
978-1259573286, 1259573281, 978-1260152166
