Convertible debt can turn to ______ when money is received from a venture capitalist.
a. equity
b. conventional debt
c. a convertible note
d. venture capital funds
a. equity
You might also like to view...
How may an employee embezzle funds by issuing an unauthorized sales credit memo if the appropriate segregation of functions and authorization controls were not in place?
Managerial accounting information is limited or restricted by which of the following authorities or principles?
A. Generally Accepted Accounting Principles B. Managerial Accounting Standards Board C. Value-Added Principle D. Securities and Exchange Commission
When categorizing investments for the financial account component of the balance of payments the ________
is an investment where the investor has no control whereas the ________ is an investment where the investor has control over the asset. A) direct investment; portfolio investment B) direct investment; indirect investment C) portfolio investment; indirect investment D) portfolio investment; direct investment
Treasury bonds are subject to ________ risk but are free of ________ risk
A) default; interest-rate B) default; underwriting C) interest-rate; default D) interest-rate; underwriting