Which of the following is a consequence of going public? Selling shares in an initial public...
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Which of the following is a consequence of "going public?" Selling shares in an initial public offering results in OA. ownership becoming confined to a board. OB. the ability to raise money by selling shares to the public. OC. no longer seeking to maximize profit. OD. original owners gaining control of the firm. OE. unlimited liability. Which of the following is a consequence of "going public?" Selling shares in an initial public offering results in OA. ownership becoming confined to a board. OB. the ability to raise money by selling shares to the public. OC. no longer seeking to maximize profit. OD. original owners gaining control of the firm. OE. unlimited liability.
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Option B is correct When a company decides of going public it basically offers public an opportunit... View the full answer
Related Book For
Auditing and Assurance Services A Systematic Approach
ISBN: 978-1259162343
9th edition
Authors: William Messier, Steven Glover, Douglas Prawitt
Posted Date:
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