What does a business typically receive when it issues stock to owners?
A)Promissory note
B)Stock certificate
C)Equipment
D)Cash

Name: What does a business typically receive when it issues stock to owners? A)Promissory note B)Stock certificate C)Equipment D)Cash
Brand: Quizplus
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Question

Quizplus · Accepted Answer

Remember to answer from the company's point of view,not the investor's perspective.The company typically receives cash when it issues stock to owners.(The owners,not the company,receive stock certificates. )

What Does a Business Typically Receive When It Issues Stock