Nestor wants to open a new event management company. Deveon, a multinational company, agrees to fund his business on the condition that Deveon be given 50% ownership in the company. In the given scenario, Deveon is most likely a(n) _____.
A. commercial lender
B. sole proprietor
C. venture capital firm
D. angel investor
Answer: C
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A carryover effect means that an ad has been shown often enough so that the consumer will remember the company when it is time to buy the product
Indicate whether the statement is true or false
Explain how managing an efficient supply chain and information system can improve the company's return on assets.
What will be an ideal response?
Emily Holmes owns and operates a large antique shop. She uses the specific identification method to account for transactions that affect inventory. Holmes recently completed a physical inventory of the merchandise in her shop as part of her year-end
work. Today, her accountant called to inform her that it would be necessary to adjust the inventory figure shown on the balance sheet, which will increase Holme's tax liability. Holmes argued that the inventory had to be correct, because she counted it twice and matched every item to an invoice. Cite reasons why the accountant would find it necessary to adjust the inventory even if Holme's count is accurate.
Which of the following is not true with regard to opportunity costs?
A) They are the benefits forgone by selecting one alternative over another. B) They are relevant. C) They are sometimes difficult to quantify. D) They have already occurred in the past.