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10 months ago

It is important for an entrepreneur to have ___________ when approaching an angel investor or venture capitalist

1 answer:

8 0

It is important for an entrepreneur to have <u>area of specialization</u> when approaching an angel investor or venture capitalist

Just as the venture capitalist has to be careful in selecting his investment, the entrepreneur should also take several factors into account while selecting a venture capitalist. The entrepreneur should take care in selecting the right venture capitalist to approach based on the venture capitalist's area of specialization.

The entrepreneur while approaching venture capitalist should have a detailed and well organized business plan as is the only way to gain a venture capitalists attention and obtain funding. They do not invest on a two page summary.

Hence, it is important for an entrepreneur to have area of specialization.

To learn more about venture capitalist here:

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"Rico's Grill, Inc. is solely owned by Rico Vito. Rico's Grill borrows $10,000 from a local bank to finance the purchase of a ne

Aneli [31]

Answer:

Need not make any special disclosure

Explanation:

The reason is that it is not a parent-subsidiary transaction which means if the group as a whole trade with each other then they must add a special disclosure in the financial statement otherwise it must be neglected. The company must not specially disclose small borrowings from the lenders when it is presenting that figure in the financial statement borrowing figures. If the transaction is between the group or the borrowings are prominent it must be disclosed separately in the note to financial statement.

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2 years ago

What is the difference between independent variables and dependent variables in a spreadsheet?

kirill115 [55]

On a spreadsheet there are two types of variables independent and dependent. Independent variables refer to those that can be changed and their value that is changing. A dependent variable is something that remains the same and the value of it does not change.

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2 years ago

In an effort to save money for early retirement, an environmental engineering colleague plans to deposit $1,700 per month, start

Ksju [112]

Answer:

$268,696.93

Explanation:

Where an equal amount of money is saved periodically to earn interest at a particular rate of interest to accumulate a target amount in the future , it is called a sinking fund. The purpose could be for retirement, loan repayment or asset acquisition

The sum accumulated (deposit plus interest earned) at the end of the final period is known as the Future Value (FV) of the sinking fund.

The FV is determined as follows:

FV = A × ((1+r/m)^(n× m) - 1)/(r/m))

where FV- future value, A- annual cash flow, r-rate of return, n- number of years, m- number of compounding periods in a year.

<em>so we can apply this to our question</em>

a = 1700, r - 8%= 0.08, m=4, n- 18

FV = 1,700 ×( (1+0.08/4)^(18 × 4) - 1)/(0.08/4))

= 1700 × 158.0570

=$268,696.93

The account will have $268,696.93 at he end of he 18 years

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2 years ago

Lynette Company's Inventory balance at 12/31/04 was $200,000 and was $188,000 at 12/31/05. Its Accounts Payable balance e at 12/

Viefleur [7K]

Answer:

A) $704,000.

Explanation:

For computing the cash payments we need to calculate the following amounts which are as follows

Total purchases = cost of goods sold + ending inventory - opening inventory

= $720,000 + $188,000 - $200,000

= $708,000

Now cash payment to merchandise is

= Beginning account payable balance + purchased made - ending account payable balance

= $80,000 + $708,000 - $84,000

= $704,000

Hence, the correct option is A. $704,000

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2 years ago

Sally Company manufactures large kitchen appliances. For the first year of purchase, the company will repair any manufacturing d

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Answer:

warranty

Explanation:

A warranty is a guarantee from a seller to buyer promising to if necessary repair or replace the purchased item with a stated period.

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2 years ago