A firm exhibited $10.000 in sales in 2019. it expects sales to growth with 50% in 2020 and that its cost of goods sold is 50% of sales. Its forecast of gross profit in 2020 will hence be $10.000.

(a) True

(b) False

EBDAT is equal to:

(a) total liabilities + net income

(b) owners' equity + net income

(c) total liabilities + owners' equity

(d) owners' equity + current liabilities

(e) revenues - variable costs - cash fixed costs

The terminal value can be expressed by V CFT where V CFT is the ter-r g

minal period cash flow, and r and g are assumed constant discount and growth rates respectively.

(a) True

(b) False

The ROA can be treated as the product of the net profit margin and the sales to total assets

(a) True

(b) False

In the 1990's share of IPOs that was venture backed decreased since entrepreneurs started to learn how to manage it themselves

(a) True

(b) False

Bootstrapping is a tool you can use for the purpose of maximizing the amount of investments you receive from a venture capitalist

(a) True

(b) False

In crowdfunding the amount of capital needed dictates the type of model you should chose for your campaign

(a) True

(b) False

There was a drop in the mid 1980's in the average annual rate of return that investors in U.S. venture capital funds received

(a) True

(b) False

Your venture has total assets of $690, net fixed assets of$500, long term debt of $80, and stockholders' equity of$400. What is the amount of your venture's current liabili-ties?(WITH FORMULA PLEASE)

(a) 210

(b) 1090

(c) 290

(d) 100

(e) -100