Question 3 3.33 pts In our discussion of the Bumble IPO filing, the firm raised the number of shares it offered to the public as well as the price/share it would issue them at. What does this action indicate about the firm? The firm will likely pull its IPO for now There is lower demand for its securities than initially anticipated Demand for its securities is about what was initially anticipated The firm is in dire need for cash There is higher demand for its securities than initially anticipated Question 4 3.33 pts Given the follow information from a firm's Income Statement, what can be said to likely be true? Revenue 19,990 COGS 4,502 Gross Margin 15,488 All of these are likely true. The company is probably unprofitable. The firm is growing fast. The firm does not have a sustainable competitive advantage. The company has a good contribution margin