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Rickos Rickos
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Posts: 1281
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7 years ago
When a company has an initial public offering
A) the previous owner of the shares will bet the money and the buyer will get the shares.
B) the proceeds of the sale will not affect the company's balance.
C) the proceeds of the sale will increase the company's equity.
D) the proceeds of the sale will become a liability payable to the shareholders.
Textbook 
Financial Management: Principles and Applications

Financial Management: Principles and Applications


Edition: 13th
Authors:
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LutionalLutional
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Posts: 752
7 years ago
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Rickos Author
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7 years ago
Helped a lot
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Thanks
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2 hours ago
this is exactly what I needed
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