At what stage are business plans usually created?
a. at the onset of the business idea
b. after the feasibility study and pitch deck
c. after the business model but before the feasibility study
d. after the business model but before the pitch deck.
b. after the feasibility study and pitch deck
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If Sun Company acquired Star, Inc. many years ago in a pooling of interests transaction, the entry would have used which one of the following to account for the pooling?
A. Book value of Star's assets B. Future value of Star's assets C. Fair value of Star's assets D. Net present value of Star's assets
Evaluation of company performance can include comparison and/or assessment of all but which of the following:
A. Future performance and risk. B. Current financial position. C. Past performance. D. External user needs and demands. E. Current performance.
Interest compounded monthly on a $10,000 principal amount at 18% for two years is
A) $1,800. B) $3,600. C) $3,924. D) $4,295.
CineVision LLC. issued 10–year 9% bonds worth $900,000 . Under which section of the balance sheet will this balance appear?
a. The stockholders' equity section b. The current assets section c. The current liabilities section d. The long–term liabilities section