Corporations that do not issue financial securities such as stock or debt obligations:
will not be able to increase sales.
cannot be profitable.
generate sufficient funds to fulfill their needs.
do not face double taxation of their profits.
5 answers
What do YOU think the best answer is?
they will not be profitable or able to increase sales
Nope. Private corporations that do not issue securities can be very profitable and continually increase sales. Their business makes enough money by selling their product or service that selling stock or going into debt isn't necessary.
so they generate sufficient funds to fulfill thier needs
Right!
1 answer