asked 227k views
5 votes
Fultz home furnishings is considering issuing stocks or bonds to raise money to purchase a new manufacturing facility. if they want to issue securities in small denominations, which type of security should they choose

asked
User Mayid
by
8.1k points

1 Answer

4 votes
The type of security that Fultz home furnishing should choose is STOCKS.
Stock refers to the capital that is raised by a company through issuance of shares. Stock is the suitable option for Fultz home furnishing because, stocks can be issued in small denominations.
answered
User Rpj
by
8.4k points
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