Question

Fultz home furnishings is considering issuing stocks or bonds to raise money to purchase a new manufacturing facility. if they want to issue securities in small denominations, which type of security should they choose

Answer 1

The type of security that Fultz home furnishing should choose is STOCKS.
Stock refers to the capital that is raised by a company through issuance of shares. Stock is the suitable option for Fultz home furnishing because, stocks can be issued in small denominations.