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AllenZ AllenZ
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Posts: 663
Rep: 6 0
7 years ago
A biotech company is planning to build a new manufacturing plant. The board is weighing the advantages and disadvantages of going public and issuing stock to raise funds. Which of the following does NOT describe a factor of this stock issue?
A) The company does not have to repay shareholders their initial investment.
B) The company is not legally required to pay dividends on its stock.
C) The company avoids incurring additional debt by issuing stock.
D) The company can take a tax deduction for dividends paid on the stock.
E) The company can reinvest its earnings.
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weshonweshon
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Posts: 768
7 years ago
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AllenZ Author
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7 years ago
I appreciate what you did here, answered it right Smiling Face with Open Mouth
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Yesterday
This helped my grade so much Perfect
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2 hours ago
Thanks for your help!!
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