Soup Galore Is a Partnership That Was Formed Three Years

question 93

Multiple Choice

Soup Galore is a partnership that was formed three years ago for the purpose of creating,producing,and distributing healthy soups in a dried form.The firm has been extremely successful thus far and has decided to incorporate and offer shares of stock to the general public.What is this type of an equity offering called?

• A)venture capital offering
• B)shelf offering
• C)private placement
• D)seasoned equity offering
• E)initial public offering

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