The cofounders for Contap received $275,000 from venture capitalists. What did the investors receive in return?
a. 5% royalties from future sales
b. 15% equity of the business
c. 50% equity of the business
d. 10% royalties from future sales
b. 15% equity of the business
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The purchase of direct and indirect materials on account during the month requires an entry
a. debiting Work in Process and crediting Materials. b. debiting Materials and crediting Accounts Payable. c. debiting Accounts Payable and crediting Materials. d. debiting Materials and crediting Work in Process.
________ delivery means speaking freely, generally without notes, after preparing and rehearsing
Fill in the blank(s) with correct word
One advantage to a fixed-rate mortgage is that the lender typically will not charge the borrower any loan origination fee
Indicate whether the statement is true or false
In stepwise regression, if two independent variables are highly correlated, both variables must enter the model simultaneously
Indicate whether the statement is true or false