Startup Companies Often Rely on Which of the Following Examples

question 29

Multiple Choice

Startup companies often rely on which of the following examples of financial support to help them establish their operations?

• A) Venture capital firms and angel investors
• B) Venture angel firms and booming investors
• C) Technopoles and angel investors
• D) Family connections and old money

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Definitions:

Owner's Equity

The portion of a company's assets that belongs to the owners after all liabilities have been subtracted.

Net Income

The total earnings of a company after deducting all expenses from revenues, representing the profit.

Owner's Drawings

The amount of money taken out from the business by the owner(s) for personal use.

Income Statement

A financial statement that shows a company's revenues and expenses over a specified period, resulting in net profit or loss.