Which of the following statements is correct concerning venture capitalist?I. Most venture capitalist are short-term investors in a firm. II. Venture capital firms often specialize in different stages. III. Venture capital is relatively inexpensive in today's competitive markets. a. I and II only. b. I, II and III. c. II and III only. d. Il only. e. I only.

What is the difference between a public and a private corporation?

Which of the following is an example of an unsought good? a. cameron purchases a new bike. b. jordan buys paper towels. c. taylor buys cupcakes from her favorite bakery. d. riley buys new windshield wipers for her car.

Mae jong corp. issues $1,000,000 of 10% bonds payable which may be converted into 10,000 shares of $2 par value ordinary shares. the market rate of interest on similar bonds is 12%. interest is payable annually on december 31, and the bonds were issued for total proceeds of $1,000,000. in accounting for these bonds, mae jong corp. will: (a) first assign a value to the equity component, then determine the liability component. (b) assign no value to the equity component since the conversion privilege is not separable from the bond.(c) first assign a value to the liability component based on the face amount of the bond.(d) use the “with-and-without” method to value the compound instrument.