A(n)________ Is a Private,for-Profit Organization That Purchases Equity Positions in Young

question 4

Multiple Choice

A(n) ________ is a private,for-profit organization that purchases equity positions in young businesses that will potentially produce returns of 300 to 500 percent over five to seven years.

• A)commercial bank
• B)venture capital company
• C)"angel"
• D)SB-1 filing

Identify the contributions of ethnic and minority rights movements to the broader struggle for equality.

Analyze the influence of environmental and feminist movements on American policy and society.

Understand the role of the judicial system in shaping public policy and addressing social issues.

Assess the impact of political decisions and leadership on American domestic and foreign policy during the 1960s.

---

Definitions:

Income Tax Expense

The total amount of income tax that a company expects to pay in a given fiscal period, appearing on the income statement.

Contra-Asset Account

A contra-asset account is an account used in the financial accounting to offset against an asset account on the balance sheet.

Accounts Receivable

This refers to the money owed to a company by its customers for goods or services delivered or used but not yet paid for.

Allowance for Doubtful Accounts

The allowance for doubtful accounts is a contra-asset account that estimates the amount of receivables that may not be collectible.