You Founded Your Own Firm Three Years Ago

question 88

Multiple Choice

You founded your own firm three years ago. You initially contributed $200,000 of your own money and in return you received 2 million shares of stock. Since then, you have sold an additional 1 million shares of stock to angel investors. You are now considering raising capital from a venture capital firm. This venture capital firm would invest $5 million and would receive 4 million newly issued shares in return. After the venture capitalist's investment, the post-money valuation of your shares is closest to ________.

• A) $2.5 million
• B) $6.3 million
• C) $2.0 million
• D) $1.3 million

Analyze how adjustments on the worksheet reflect on the financial statements.

Calculate the impact of beginning and ending inventory adjustments on net income or loss.

Understand the basic structure and functions of the nervous system.

Identify the roles and functions of various brain regions.

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Definitions:

Educational Debt

The accumulation of debt by individuals as a result of borrowing money to finance their education.

Assimilation

The process by which individuals or groups adopt the culture, norms, and practices of another group, often losing aspects of their original identity.

Boarding Schools

Educational institutions where students live on campus during the school term, historically used in some contexts as tools for assimilating indigenous or minority children into dominant cultures.

General Allotment Act

A 1887 law aimed at assimilating Native Americans into American society by dividing communal tribal lands into individual family plots.