Olala Corporation is a prefabricated home manufacturing company with operations throughout British Columbia. The company has been very successful over the past 4 years and is now looking at expanding into the USA. It has done a lot of research and believes there is an excellent market opportunity. However, expansion will be costly and it is trying to find the best way to finance its growth. You were recently hired by the company because of your MBA credentials and you have been tasked with this analysis.

Perform a qualitative debt versus equity analysis by outlining the pros and cons of taking on more debt versus issuing more equity.