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."
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.
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