After thoroughly studying the feasibility for expansion,Preferred Pet Care Inc,a mobile pet care company that operates in the greater Chicago area,plans to offer a similar service in the Indianapolis metropolitan are
A.This endeavor will require a large capital expenditure.Due to the nature of this project,the firm will only consider equity financing.

Question

Quizplus · Accepted Answer

The statement mentions that the firm will only consider equity financing, but it does not provide a reason or justification for this decision. Therefore, it is uncertain whether the large capital expenditure required for the expansion would indeed limit the firm to equity financing.

After Thoroughly Studying the Feasibility for Expansion,Preferred Pet Care Inc,a