Entrepreneurship and Innovation

1:

Which statement is true?

A.

Venture capital is outside equity that comes from professionally managed pools of investor money

B.

Temporary working capital is the amount needed to meet seasonal or cyclical demand

C.

Permanent working capital is the amount needed to produce goods and services at the lowest point of demand

D.

All of the above

 

Answer : D

Explanation :

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Option: A

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