Multiple Choice
Regarding the issuance of stock,which of the following statements is incorrect?
A) Large corporations cannot finance all their operations through borrowing, so they raise capital by issuing stock.
B) A company can sell its stock directly to stockholders, or it can use the services of the state's Securities and Exchange Commission.
C) The issue price is the amount the corporation receives from issuing its stock.
D) Large corporations need huge quantities of money.
Correct Answer:
Verified
Correct Answer:
Verified
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