Harvey has reached the point in his business when he needs a large amount of capital to expand, more than he can borrow. This might be a good time for him to consider selling stock to the public in a(n):

Question

Quizplus · Accepted Answer

An IPO (Initial Public Offering) is when a company sells stock to the public for the first time. This is a way for a company to raise capital to expand.

Harvey Has Reached the Point in His Business When He