Multiple Choice
About 10 years ago you founded an energy company that operates as a privately-held corporation with only limited stock ownership.You are considering selling stock to the public for the first time through an initial public offering.All of the following are disadvantages for taking a company public :
A) going public is costly.
B) financial reports would have to be made available to the public.
C) you would get an influx of cash that doesn't have to be paid back.
D) you would be responsible to shareholders who would expect favorable short-term performance.
Correct Answer:
Verified
Correct Answer:
Verified
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