Person R wants to expand its business by raising $18.3 million through sell of common stock. The business has 50% of debt ratio and family of person R invested personal wealth into the business. The family wants to retain controlling right. To determine: The reason for going public. State the advantages and disadvantages of going public.

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Chapter 18, Problem 4MC

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Person R wants to expand its business by raising $18.3 million through sell of common stock. The business has 50% of debt ratio and family of person R invested personal wealth into the business. The family wants to retain controlling right.

To determine:

The reason for going public. State the advantages and disadvantages of going public.

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