Question
Which of the following is a short-term debt that
converts into equity, often used by seed investors investing in startups?Solution
A convertible note is a form of short-term debt that converts into equity, typically in conjunction with a future financing round; in effect, the investor would be loaning money to a startup and instead of a return in the form of principal plus interest, the investor would receive equity in the company.
As per the Nayak committee, what percentage of its annual projected turnover should an MSME get as working capital from a bank?
Which financial statement reports a company’s revenues and expenses over a specific period of time?
Under the MSE-CDP Scheme, what is the Government of India subsidy percentage for new Common Facility Centres (CFCs) with a project cost between ₹5–1...
The MoA of the company specifies the maximum capital that can be raised by a company. This is referred to as the __________
To save a workbook, __________ function key should be pressed.
___________ may fix remuneration of the first auditor appointed by the Board as per section 142 of the Companies Act
What is the key function of a Letter of Credit (LC) in international trade?
Which of the following statements is FALSE with regard to working capital management?
AS 6: Depreciation Accounting has been withdrawn with effect from 1-4-2016 after issuance of revised ________.
Which of the following incomes is not chargeable under the head "Income from Business or Profession"?