Which of the following is closest to the percentage of the company owned by the series D investors?
Jeremy founded a company. He issues 100,000 shares of series A stock for his own $100,000 investment. He then goes through three further rounds of investment, as shown below:
Round Price Number of Shares
Series B $1.00 500,000
Series C $1.50 300,000
Series D $1.75 500,000
A) 29%
B) 36%
C) 39%
D) 54%
Answer: B
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Marketers are the least effective when they appeal to existing wants rather than when they attempt to create new ones
Indicate whether the statement is true or false
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A. job ranking B. point-factor C. factor comparison D. job hierarchy
Big Box Store has operated with a 30% average gross profit ratio for a number of years. It had $107,000 in sales during the second quarter of this year. If it began the quarter with $18,700 of inventory at cost and purchased $72,700 of inventory during the quarter, its estimated ending inventory by the gross profit method is:
A. $32,100. B. $29,100. C. $22,470. D. $16,500. E. $18,700.