Which of the following statements is NOT true regarding venture capitalists?
A) They can provide substantial capital for young companies.
B) Firms offer limited partners a number of advantages over investing directly in start-ups themselves as angel investors.
C) They use their control to protect their investments, so they may therefore perform a key nurturing and monitoring role for the firm.
D) They might invest for strategic objectives in addition to the desire for investment returns.
Answer: D
You might also like to view...
A company's chart of accounts will reflect the nature of its business
a. True b. False Indicate whether the statement is true or false
Lager Company sells merchandise with a one year warranty. In 2013, sales consisted of 1,600 units. It is estimated that warranty repairs will average $10 per unit sold, and 30% of the repairs will be made in 2013 and 70% in 2014 . In the 2013 income statement, Lager should show warranty expense of
a. $4,800 b. $11,200 c. $16,000 d. $0 e. $8,000
No standard rule identifies the best basis of allocating expenses across departments.
Answer the following statement true (T) or false (F)
Red's Roofing buys asphalt roofing tiles from Shingles, Inc The parties agree that the tile will be shipped "F.O.B. Shingles's warehouse" to Red's Roofing location via Tristate Shipping Corporation. The tiles are lost in transit. The loss is suffered by? A)?Tristate Shipping
B)?Shingles, Inc. C)?Red's Roofing. D)?Red's customers by an increase in the prices of goods and services.