How much money can be raised through crowdfunding?
a. only small amounts, under $1,000
b. small amounts, generally under $5,000
c. as much money as can be raised through family and friends
d. from small amounts to amounts in the millions of dollars
d. from small amounts to amounts in the millions of dollars
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The concept of a deficiency judgment applies to:
A) Secured debt only. B) Unsecured debt only. C) Both secured and unsecured debt. D) Neither secured nor unsecured debt.
Palmer Company has $5,000,000 of 15-year maturity bonds outstanding. Each bond has a maturity value of $1,000, an annual coupon of 12.0%. The bonds can be called at any time with a premium of $50 per bond. If the bonds are called, the company must pay flotation costs of $10 per new refunding bond. Ignore tax considerations?assume that the firm's tax rate is zero.The company's decision of whether to call the bonds depends critically on the current interest rate on newly issued bonds. What is the breakeven interest rate, the rate below which it would be profitable to call in the bonds?
A. 9.57% B. 10.07% C. 10.60% D. 11.16% E. 11.72%
Cost that are nearly variable, but increase in small steps instead of continuously are called step-variable costs.
Answer the following statement true (T) or false (F)
List and briefly explain the four basic harvest strategies for the small business.
What will be an ideal response?