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Novosadov [1.4K]
3 years ago
9

Founders should be wary of crowdfunding sites like Kickstarter, because these efforts require founders to give up large ownershi

p stakes to a large number of contributors before they can raise funds to bring products to market.A. TrueB. False
Business
1 answer:
Westkost [7]3 years ago
5 0

Answer:

B. False

Explanation:

As the name suggests that crowdfunding refers to the funding for a project by having a small amount from the public at large in an internet

Since in the question it is mentioned that the founders should put efforts for giving the high stake of ownership with respect to high contributors before raising the funds to launch a product in the market

But this above requirement should not be necessary

Therefore the given statement is false

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The proper order of the following steps in the accounting cycle is prepare unadjusted trial balance, journalize transactions, po
photoshop1234 [79]

Answer:

<em>The Accounting Cycle is as follows:</em>

<em>1. Transactions are analyzed and recorded in the journal. </em>

<em>2. Transactions are posted to the ledger.</em>

<em>3. An unadjusted trial balance is prepared. </em>

<em>4. Adjustment data are asssembled and analyzed. </em>

<em>5. An optional end-of-period spreadsheet is prepared. </em>

<em>6. Adjusting entries are journalized and posted to the ledger. </em>

<em>7. An adjusted trial balance is prepared. </em>

<em>8. Financial statements are prepared. </em>

<em>9. Closing entries are journalized and posted to the ledger. </em>

<em>10. A post-closing trial balance is prepared. </em>

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8 0
3 years ago
Consider ratios: financial information is presented below: find gross profit. operating expenses $ 45,000 sales returns and allo
Anon25 [30]

Gross Profit is calculated by deducting the cost of goods sold, sales return and sales discount from the sales. The operating expenses is not considered for gross profit. The same is deducted from the gross profit for finding the net profit.

Gross Profit = Sales - Cost of goods sold - Sales Return - Sales Discount

Gross Profit = $150,000 - $67,000 - $13,000 - $6,000

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Thus, gross profit is $64,000

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3 years ago
Helppppppp me please?!!!
maxonik [38]

Answer:

idk lol I just use this just so I can get my work done

5 0
3 years ago
The long-run aggregate supply curve is vertical:
IceJOKER [234]

Answer: Option(c) is correct.

Explanation:

The long run aggregate supply(LRAS) curve is vertical as resource prices eventually rise and fall with product prices.

When there is an increase in the price level of the output, so in the long run this will also result in an increases in the prices of the factors of production.

Hence, aggregate supply curve in the long run is vertical.

Vertical LRAS also shows that whatever change happen in the aggregate demand has a temporary impact on the level of output. Factors such as capital, labor, technology impact the LRAS because it was assumed that everything is used optimally.    

7 0
3 years ago
Q 10.2: john dies and leaves property to his sons bob, tom, ron, and joe. bob farms the land he inherits. tom builds a new facto
salantis [7]
<span>Ron is the son who should classify his land as inventory instead of as a fixed asset because fixed assets typically lose value over time, or depreciate, and they do not get converted into cash. In this case, Ron's land would be classified as inventory.</span>
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3 years ago
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