An entrepreneur is asking for $1 million for 30% of his company. What is the entrepreneur’s post-money valuation?
a. $3.33 million
b. $300,000
c. $2 million
d. it cannot be determined
a. $3.33 million
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The member of the buyer center who actually utilizes items after they are purchased is the:
A) user B) influencer C) decider D) gatekeeper
When the balance of a petty cash fund is increased, the entry would contain a credit to Petty Cash
Indicate whether the statement is true or false
Nathan writes his classroom speech in plenty of time, but he doesn’t practice it until the night before the speech is due. He works until after midnight to put the finishing touches it on his keyword outline, and then he practices the speech six times. What is likely to be the result of Nathan’s speech preparation technique?
a. He will be more nervous than if he had spread out his practice sessions. b. His performance will suffer because he will forget what he wants to say. c. He will deliver his speech in an unnatural way because he has memorized it. d. He is likely to have trouble conveying enthusiasm because he is tired.
If the direct write-off method is used by the business, and a customer account written off last year is reinstated this year, the reinstatement entry will debit the Accounts Receivable account and credit the Uncollectible Accounts Recovered account
Indicate whether the statement is true or false