Join Examsbook
1093 0

Q: What is the primary reason to issue stock?

  • Show AnswerHide Answer
  • Workspace

Answer :
Explanation :

The primary reason to issue stock is to raise money to start and maintain an ongoing business. Other Reasons:: The reasons that a company might want to raise money by issuing stock are:   To develop new products   To buy more advanced equipment   To pay for new buildings and inventories   To hire more employees   To provide for a merger or acquisition   To decrease debt   To give company owners greater flexibility   To place a value on the company.

Are you sure

  Report Error

Please Enter Message
Error Reported Successfully