How JustAnswer Works:

  • Ask an Expert
    Experts are full of valuable knowledge and are ready to help with any question. Credentials confirmed by a Fortune 500 verification firm.
  • Get a Professional Answer
    Via email, text message, or notification as you wait on our site.
    Ask follow up questions if you need to.
  • 100% Satisfaction Guarantee
    Rate the answer you receive.

Ask Mr. Gregory White Your Own Question

Mr. Gregory White
Mr. Gregory White, Professor
Category: Homework
Satisfied Customers: 5223
Experience:  M.A., M.S. Education / Educational Administration
Type Your Homework Question Here...
Mr. Gregory White is online now
A new question is answered every 9 seconds

5. Which of the following statements is NOT CORRECT? a.

Customer Question

5. Which of the following statements is NOT CORRECT?

a. When a corporation’s shares are owned by a few individuals and are not traded on public markets, we say that the firm is “closely, or privately, held."

b. “Going public” establishes a firm's true intrinsic value, and it also insures that a highly liquid market will always exist for the firm’s shares.

c. When stock in a closely held corporation is offered to the public for the first time, the transaction is called “going public,” and the market for such stock is called the new issue market.

d. Publicly owned companies have shares owned by investors who are not associated with management, and public companies must register with and report to a regulatory agency such as the SEC.

e. It is possible for a firm to go public and yet not raise any additional new capital at the time.
Submitted: 4 years ago.
Category: Homework
Expert:  Mr. Gregory White replied 4 years ago.

You need to spend $3 to view this post. Add Funds to your account and buy credits.

Related Homework Questions