Which of the following stages has high revenue growth but does not show a profit?
A) seed/start-up stage B) early stage
C) expansion stage D) later stage
C
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Treatments of items in the cash flow statement that differ between IFRS and GAAP include all of the following except the allowed treatment of
A) any cash outflows for development costs that were capitalized as intangible assets. B) losses on the early retirement of bonds. C) bank overdrafts. D) income taxes related to financing and investing activities.
Which of the following is a valid tender offer rule?
A) The offer cannot be closed after 20 business days after the commencement of the tender offer. B) The offer cannot be extended if the tender offeror increases the number of shares it will take or the price it will pay for the shares. C) Any increase in price paid for shares tendered must be offered to all shareholders, including those who have previously tendered their shares. D) A shareholder who tenders his or her shares loses the right to withdraw them prior to the closing of the tender offer.
Entrepreneurial angels ____________________.
a. have already successfully started and operated their own businesses b. are usually former business executives looking to use their savings or current income to invest c. are independently wealthy and retired or semiretired, looking to invest their personal capital in startups as a hobby d. have achieved success through their own companies and want to be involved in the ventures they invest in
Bob Corporation entered into a contract to sell parts to Zeck. The contract provided that the goods would be shipped "FOB Bob's warehouse." Bob shipped parts to Zeck that were stolen from the carrier. When Zeck checked the invoice, Zeck discovered that Bob had sent Model #20B instead of Model #20A, which the contract required. Whose loss? Why?