Sue, as president of Sue's Stuff LLC, owns 200,000 shares of the company. Sue will be a very wealthy person if the company has a successful __________.

Question

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An initial public offering (IPO) is when a privately held company offers shares of its stock to the public for the first time. This can potentially generate a lot of money for the company and its shareholders, including Sue. As the owner of a large number of shares, Sue would benefit greatly from a successful IPO.

Sue, as President of Sue's Stuff LLC, Owns 200,000 Shares