At the Series A venture capital financing round, angel investors to whom your firm issued a $1 million convertible debt note with 8% annual dividend and a 20% discount 2 years earlier would expect to exchange these securities for how much equity in your company?

Group of answer choices

$800,000

$1,200,000

$1,280,000

$1,458,000

$1,000,000

In your venture your cash fixed costs (CFC) are $300,000 and your contribution margin (CM) is 40%. What is your survival revenue?

Group of answer choices

$2 million

$750,000

$333,000

$300,000

$1 million