Use the Information for the Question(s)below

question 6

Multiple Choice

Use the information for the question(s) below.
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 2 million newly issued shares in return.
-Assuming that this is the venture capitalist's first investment in your firm,what percentage of the firm will the venture capitalist own?

• A)50%
• B)40%
• C)25%
• D)33%

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Definitions:

Puritan View

A perspective influenced by the Puritans, emphasizing moral and religious rigor, simplicity, and a focus on personal piety.

Puritan Funeral

Funeral practices and customs followed by the Puritans, emphasizing modesty and religious piety, often contrasted with more elaborate ceremonies.

Role of the Family

The functions and responsibilities family members have toward each other, influencing the physical, emotional, and social well-being of its members.

Funeral Planning

The process of making arrangements for a funeral service and other related events either in advance or at the time of a person's death, often involving choices about the service, burial, and memorial.