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Foundations of Business - Standalo...

4th Edition
William M. Pride + 2 others
ISBN: 9781285193946

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BuyFindarrow_forward

Foundations of Business - Standalo...

4th Edition
William M. Pride + 2 others
ISBN: 9781285193946
Textbook Problem

What are the advantages of financing through the sale of stock?

Summary Introduction

To determine: The advantages of financing through the sale of stock.

Introduction: Financing is the procedure of giving finances to business operations, creating procurements or investing. Financial organizations for example, banks are in the matter of giving funding to businesses, purchasers and investor to enable them to accomplish their objectives.

Explanation

The advantages of financing through the sale of stock are as follows:

  • The company does not need to reimburse cash acquired from the sale of stock since the company is under no lawful commitment to do as such...

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