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Aardvark Is a Small Pest-Control Business That Has 30 Employees

Question 141

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Aardvark is a small pest-control business that has 30 employees. The company started business within the past year, and needs to make a decision on how best to make sure its finances are managed well as the company continues to grow its customer base and its business.
Aardvark is considering undertaking an IPO in order to raise money. Which of the following, if true, would strengthen the case for doing so?
The company's expected stock price will be low.
The company wants to maintain internal control over all its decision-making.
The company's customer base has been in decline.
The company has a healthy amount of assets.
The company is in a significant amount of debt.

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