Question
Q 8.1: Which of the following businesses would best benefit from becoming a publicly traded corporation? A : A business that is privately held and
Q 8.1:
Which of the following businesses would best benefit from becoming a publicly traded corporation?
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A :
A business that is privately held and wishes to maintain control of the corporation without repercussion from outside owner (investors).
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B :
A business that needs to raise $50,000 to purchase new equipment.
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C :
A business that needs to raise $1 million to expand into new locations; the owner wishes to maintain complete control over all business-related decisions.
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D :
A business that needs large sums of money to expand its successful product line overseas. Diversity of ownership is not an issue for this company.
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