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Question
Your firm has an average collection period of 36.5 days. Sales revenues are $30,000. What is your firm's average investment in accounts receivables?
a. $3,650
b. $3,000
c. $1,000
d. $822
Answer
This answer is hidden. It contains 1 characters.
Related questions
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Regulation A issuers are allowed to "test the waters" before preparing the offering circular (unlike almost all other security offerings).
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True-False Questions for Appendix BRule 502 of Regulation D focuses, in part, on resale restrictions imposed on privately placed securities.a. Trueb. False
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Which of the following is not a characteristic of Regulation A?
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a. True
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According to the Investment Advisers Act of 1940, a bank would not be classified as an "investment adviser."
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The typical business organization for a venture in its rapid-growth stage is a partnership or LLC.
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The JOBS Act of 2012 created several important changes in Rule 506 of Regulation D and the expanded version of a Regulation A-like offering.a. Trueb. False
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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.
a. True
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The Investment Company Act of 1940 defines investment companies and excludes them from using some of the registration exemptions originating in the 1933 Act.
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A venture's riskiness in terms of possible poor performance or failure would be considered to be very high in which of the following life cycle stages?
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a. True
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a. True
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In which of the following credit programs does the SBA borrow money to be lent to Small Business Investment Companies (SBICs) and guarantee payment to investors?
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Q:
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?
a. debt crowdfunding
b. equity crowdfunding
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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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Q:
In which of the following credit programs does the SBA approve a loan and guarantee up to 85% of loan value?
a. 7(a) loan
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Commercial banks, credit unions, and/or financial services firms are lenders in which of the following SBA credit programs?
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b. CDC/504 loan
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a. credit card debt is not based on the firm's ability to repay, but rather the individual cardholder's ability to repay
b. teaser rates afford initial low cost borrowing
c. balance transfers occur at below-prime rates
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Q:
The Small Business Administration was created by an act of Congress in 2003.a. Trueb. False
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a. True
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b. public pension funds
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The beginning of professional venture capitalists is considered to have begun with the establishment or formation of:
a. the Small Business Administration
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c. the American Research and Development organization
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b. the lead investor
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Q:
When screening possible investments, a venture capital firm might issue a SLOR, which stands for:
a. "standard letter of rejection"
b. "standing letter of reconciliation"
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d. "senior letter of reference"