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Explain the entrepreneurial finance principle

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Reference no: EM132609243

Question 1: Explain the following Entrepreneurial Finance Principles and provide concrete examples of what can happen if the principles are violated:

a. Accounting is the language of business while cash is the currency (While accounting is the language of business, cash is the currency).

b. New venture financing involves search, negotiation, and privacy.

c. The purpose of business finance is to increase the value (A venture's financial objective is to increase value).

Reference no: EM132609243

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