You work with Kendra to identify possible financing options, including both short and long-term options, and debt and equity financing options. If growth continues at the current rate, she may need to consider longer term financing options to ensure the company can continue to expand. During this ongoing discussion, Kendra receives four offers from investors who are willing to provide funding in exchange for a percentage of the company. The offers are enticing. but Kendra is uncertain about giving up a portion of ownership. She complains that the 60-day payment terms extended to customers are at the root of the cash flow problem, however, she knows her retailers will not accept duo on sale terms. Kendra is lenning towards debt financing, but you tell her not to dismiss equity financing just yet. Select the advantages of equity financing, Da Management can elect to distribute profits to shareholders through dividends or reinvest profits, b. Terms of financing are both short and long-term c. Does not need to be repaid, which provides financial flexibility for the company d. Interest can be deducted from company profits, lowering the company's tax liabilities e. No interest cost for most common forms of stock