Use the Table for the Question(s)below

question 49

Multiple Choice

Use the table for the question(s) below.
The founder of a company issues 100,000 shares of series A stock for his own $250,000 investment.He then goes through three further rounds of investment,as shown below:

-What is the post-money valuation for the series D funding round?

• A)$1.89 million
• B)$1.96 million
• C)$2.14 million
• D)$2.24 million
• E)$2.43 million

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Definitions:

Tuition Payment

The process of paying fees for instruction, especially at a college, university, or private school.

Nonpublic School

An educational institution that operates independently of the public school system, often funded through tuition, private grants, or religious organizations.

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A measure of an individual's cognitive ability compared to the average cognitive ability of a person of the same chronological age, often used in intellectual assessment.

Intelligence Quotient

A measure of an individual's cognitive abilities in comparison to the population, usually determined by an IQ test.