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-What Type of Entity Is Company II?
Small Proprietary \quad

question 35

Multiple Choice

 Gross operating  revenue  $ millions  Gross assets  $ millions  Total employees  (full time)   Company type  Company I 216150 Proprietary  Company II 5144 Proprietary  Company III 1261900580 Public \begin{array} { | l | l | l | l | l | } \hline & \begin{array} { l } \text { Gross operating } \\\text { revenue } \\\text { \$ millions }\end{array} & \begin{array} { l } \text { Gross assets } \\\text { \$ millions }\end{array} & \begin{array} { l } \text { Total employees } \\\text { (full time) }\end{array} & \text { Company type } \\\hline \text { Company I } & 2 & 16 & 150 & \text { Proprietary } \\\hline \text { Company II } & 5 & 14 & 4 & \text { Proprietary } \\\hline \text { Company III } & 126 & 1900 & 580 & \text { Public } \\\hline\end{array}
-What type of entity is company II?
Small proprietary \quad\quad Large proprietary \quad\quad\quad Disclosing entity

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Definitions:

Net Present Value

A method used in capital budgeting to evaluate the profitability of an investment by calculating the difference between the present value of cash inflows and outflows over a period of time.

Working Capital

The difference between a company's current assets and its current liabilities, indicating the liquidity and operational efficiency of the business.

Salvage Value

The forecasted value at which an asset can be resold once it's no longer useful.

Cash Inflows

The total amount of money being transferred into a company, typically from operational, investment, and financing activities.

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