The Securities and Exchange Commission instituted rules requiring the chief executive officers and chief financial officers of all publicly traded companies to certify that, to their knowledge, the quarterly and annual statements that their companies file with the SEC are
a. 100 percent accurate and contain no misstatements, errors, or mistakes.
b. accurate and complete.
c. subject to interpretation due to the many accounting rules and regulations.
d. not to be used except by individuals working for the company.
B
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Which of the following is NOT a cash outflow from an investing activity?
a. a loan made to another party b. a payment made to acquire property c. a purchase of treasury stock d. a purchase of equity securities
The relationship of 115 to 100 can be expressed as 1.15, 1.15:1, or 115%
Indicate whether the statement is true or false
According to Porter (1990) the most important competitive force in the global economy is ___________?
a. The capacity for market share b. The capacity for financial growth c. The capacity for innovation d. The capacity to globalize
What is the advantage of convertible debt?
a. It allows an angel investor to convert his investment to a VC b. You don’t need to argue about valuations at an early stage c. It allows investors to convert from A Round financing to B Round financing d. You can set valuations before your company grows