"Crowdfunding" is an internet-based, fund-raising method certain startups and other small businesses can use to raise relatively small amounts of money from a large number of individuals
a. True
b. False
Indicate whether the statement is true or false
True
You might also like to view...
Generally, valuing inventory above cost
A) violates conservatism and is never allowed. B) violates the lower of cost or market rule and is never allowed. C) is acceptable when revenue recognition is not applicable. D) is acceptable only in selected industries and in certain circumstances.
Exhibit 20-3 On January 1, 2016, Quinn Company enters into a five-year sales-type lease with Andy Company. The lease requires Andy to make five annual payments at the beginning of the year, with the first payment due January 1, 2016. The lease includes a bargain purchase price of $10,000. Quinn requires a 10% rate of return. The cost to Quinn of the property is $100,000, and it has a fair value
of $150,000. Present value factors for a 10% interest rate are as follows: Present value of $1 for n = 1 0.909091 Present value of $1 for n = 5 0.620921 Present value of an ordinary annuity for n = 5 3.790787 Present value of an annuity due for n = 5 4.169865 ? Refer to Exhibit 20-3. What is the amount of the annual lease payment Quinn would require (round the answer to the nearest dollar)? A) $35,972 B) $39,570 C) $34,483 D) $37,931
Microsites are less relevant for companies selling low-interest products
Indicate whether the statement is true or false
Which of the following cannot be an effective branding strategy for high-tech products?
a. create a steady stream of innovations with strong value proposition cobranding b. manage all points of contact with customers c. launch price promotions d. influence the influencers e. harness Web 2.0 technologies