Unicorns Are Low-Expected-Growth Companies with Valuations in Excess of $1

question 46

True/False

Unicorns are low-expected-growth companies with valuations in excess of $1 trillion.

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Definitions:

Investing Activities

Financial activities related to the acquisition and disposal of long-term assets and other investments not included in cash equivalents.

Operating Activities

Activities that constitute the primary or main activities of a business, such as sales and service delivery, which are reflected in the company's cash flow.

Indirect Method

A way of reporting cash flows from operating activities on the cash flow statement where net income is adjusted for changes in balance sheet accounts to convert it from accrual to cash basis.

Statement of Cash Flows

A document illustrating the impact of changes in balance sheet positions and profits on cash and cash equivalents.