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4. Assume that additional long-term debt and common stock can only be obtained in multiples of $50,000 (i.e., $50,000, $100,000, $250,000, etc., and not
4. Assume that additional long-term debt and common stock can only be obtained in multiples of $50,000 (i.e., $50,000, $100,000, $250,000, etc., and not $75,000 or $125,000, etc.) Additional Notes Payable can be obtained in any amount. Prepare your pro-forma Income Statement and Balance Sheet accordingly.
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Venture capital and the finance of innovation
Authors: Andrew Metrick
2nd Edition
9781118137888, 470454709, 1118137884, 978-0470454701
