cybiCoolaominge cybiCoolaominge

27-12-2015
English

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With plans to build a $50 million theme park, Extreme Entertainment, Inc. intends to finance this project through the sale of additional shares of ownership in their firm. Selling new shares of stock represents ___________ financing. Answer retained debt initial offering equity

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WorldlyGlass49 WorldlyGlass49

28-12-2015

The correct answer is equity financing. Equity is the difference between the value of assets and the value of liabilities. Selling stocks or shares is a type of equity financing.

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