Author Question: A liquidity event accomplishes which of the following purposes? A) Provides a business sufficient ... (Read 52 times)

jenna1 · **on:** Jul 6, 2018

A liquidity event accomplishes which of the following purposes?

A) Provides a business sufficient funding to operate for up to a year without raising additional funding.
B) Provides the founders of a firm a salary.
C) Converts some or all of a company's stock to cash.
D) Allows the founders of a firm to sell stock to the public.
E) Allows a business to liquidate in an ethical and cost-effective manner.

Question 2

The majority of entrepreneurial firms first enter foreign markets as exporters.

Indicate whether the statement is true or false