Step 1 Review the scenario below. A close friend of your father has a medium-sized firm with about 400 employees. You overheard him mention to your father that he was considering "taking the firm...

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Step 1

Review the scenario below.

A close friend of your father has a medium-sized firm with about 400 employees. You overheard him mention to your father that he was considering "taking the firm public" in order to access more money for expansion. He suggested your father invest in the company at that time. Since you are a finance major your father asked you later what you thought about the opportunity and exactly what was involved in "taking the firm public."


Step 2


Answer the questions related to the scenario.


In a 250-word paper, accomplish the following:


Write a summary for your father that explains the process involved in "taking a firm public" and issuing common stock that will then be traded on an organized exchange. Help him to understand the benefits and/or drawbacks associated with this action.


I am going to give you a brief background about what kind of job does my father do. My father used to own a jeans factory in mmorocco early 1990’s to 2002 with a total of more than 400 employees. J’he Used to make jeans in Morocco and sells or overseas or locally.


Please write this assignment For me in 250 words or less in basic English because I am an international student who speaks English as a third language. Please do not get any information from outside as this is a personal assignment.

Answered Same DayMar 28, 2021

Answer To: Step 1 Review the scenario below. A close friend of your father has a medium-sized firm with about...

Aarti J answered on Mar 30 2021
144 Votes
Taking the firm to public
Taking a firm to public has many advantages and disadvantages. With the c
ompany going public, the company can easily raise the capital through the public issue of the shares when the company is listed on a recognized exchange like NYSE. With the public listing, the company is able to widen the shareholder’s base and is able to spread the risk. With the public listing, the company us also able to get and have other finance opportunities. With this the company is able to persuade for new projects or the new markets and are able to make different...
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