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The York Pharmaceutical Company, a for-profit corporation, needs to raise more capital for a planned expansion. Yorks CFO suggests selling additional stock in the company

The York Pharmaceutical Company, a for-profit corporation, needs to raise more capital for a planned expansion. Yorks CFO suggests selling additional stock in the company in order to raise the needed capital. Is the CFOs suggestion of selling additional stock a typical source of capital for proprietary companies?

A. Yes

B. No

C. Not applicable

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