First-round financing occurs primarily during which of the following life cycle stages? (Points : 4)

a. development stage b. startup stage c.survival stage d.rapid-growth stage

A major difference between a ventures operating cycle and the cash conversion cycle is the conversion cycle includes the time to: (Points : 4)

a.buy materials b. produce a finished good c.collect sales made on credit d. pay suppliers for purchases on credit

A firm has the following balance sheet information (assume all numbers are average like total assets is average total assets and so on) : total assets = $100,000; current assets = $30,000; inventories = $10,000; cash = $5,000; total liabilities = $30,000; current liabilities = $15,000; notes payable = $2,000. What are the firms quick and NWC-to-Total-Assets ratios? (Points : 4)

a. 1.00 and .13 b.1.33 and .13 c.1.00 and .15 d.1.33 and .15