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Question
Determine the dollar amount of total assets for a venture with the following financial information: revenues = $500,000; net profit = $70,000; and asset turnover = 2.0 times.
a. $100,000
b. $250,000
c. $375,000
d. $500,000
Answer
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Related questions
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Which of the following is not a characteristic of Regulation A?
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In SEC v. Ralston Purina (1953), the U.S. Supreme Court took an important step toward defining a public offering for the purposes of Section 4(2) of the Securities Act of 1933.
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Which of the following types of crowdfunding involves soliciting funds from a large number of small investors in exchange for an equity position in the venture requesting the funding?
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Q:
Arranging for partial ownership as a component of the expected return to a lessor is known as:
a. venture leasing
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In which of the following credit programs does the SBA approve a loan and guarantee up to 85% of loan value?
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b. teaser rates afford initial low cost borrowing
c. balance transfers occur at below-prime rates
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The Small Business Administration was created by an act of Congress in 2003.a. Trueb. False
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Q:
When screening possible investments, a venture capital firm might issue a SLOR, which stands for:
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d. "senior letter of reference"