By selling shares of ownership in their company, Seattle Scientific acquires the funds needed to finance their research and development projects. Seattle Scientific provides for their long-term funding needs through financing.

Equity Financing

Explanation:

Equity literally means the ownership of assets that may have debts attached to them. Example of equity could be a house, car, machineries, or a business

EQUITY FINANCING: This is the process by which companies raise capital through the sale of shares.

Selling of shares is the sale of part of the ownership of a company in exchange for money to either startup or expand a company's operation.

Companies raise capital in order to fulfill their short and long-term goals.

Equity= Total Assets - Total liabilities