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Which of the following statements concerning financing a small business is true?
a. Choosing the right sources of capital for a business can be just as important as choosing the right form of ownership or the right location because of the long-term impact it has on a company.
b. When it comes to attracting capital for launching or expanding a business, creativity counts; entrepreneurs must use as much ingenuity in financing their businesses as they do in generating their product or service ideas.
c. Before accepting startup money, entrepreneurs must take into account the "chemistry" between themselves, their companies, and their funding sources, making sure that the match is a good one.
d. All of the above.
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Consider 8.5 percent Swiss franc/U.S. dollar dual-currency bonds that pay $666.67 at maturity per SF 1,000 of par value. It sells at par. What is the implicit SF/$ exchange rate at maturity? Will the investor be better or worse off at maturity if the..
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Dahlia Enterprises needs someone to supply it with 116,000 cartons of machine screws per year to support its manufacturing needs over the next five years, and you’ve decided to bid on the contract. It will cost you $830,000 to install the equipment n..
Suppose 1 year ago, Miller Company had inventory in Britain valued at 1.5 million Swiss Francs. The exchange rate for dollars to Francs was 1 Franc = 1.15 dollars. Today, the exchange rate is one Swiss franc equals 1.06 U.S. dollars. What is the U.S...
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Mr. C died in the current year. Based on the following facts, compute Mr. C's gross estate.In 1993, C gave cash of $50,000 to his friend. No gift tax was paid on the gift. Which of the following statements concerning the unified system of estate and ..
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