Entrepreneurial Finance 6th Edition by J. Chris Leach test bank

       b.   second round financing
       c.   mezzanine financing
d.   seasoned financing
e.   liquidity stage financing
 
b.        20.  Founder and venture investor shares are sold to the public after the initial offering to the public is called?
           a.   secondary market transaction
           b.   secondary stock offering
           c.   venture offering
           d.   bridge loan
 
d.        21.  Which of the following advise and assist corporations on the type, timing, and costs of issuing new debt and equity securities and facilitate the sale of firms?
                  a.   brokerage firms
                  b.   venture law firms
                  c.   specialist firms
                  d.   investment banking firms
 
c.        22.  Which stage in the venture life cycle is characterized by creating and building value, obtaining additional financing, and examining opportunities?
                  a.   survival stage
                  b.   startup stage
                  c.   rapid growth stage
d.   early-maturity stage
 
b.        23.  Which of these statements is correct?
a.    The development stage occurs between the startup and survival stages of a venture’s life cycle
b.   The early-maturity stage is the final stage of a new venture’s lifecycle
c.   Firms typically begin to cover all expenses with internally-generated funds during the survival stage
d.   During the startup stage, revenues grow much more rapidly than cash expenditures
e. None of the above
 
c.        24.  The last three stages of a successful venture’s life cycle occur in the following order:
a.   startup, development, rapid growth
b.   startup, survival, rapid growth
c.   survival, rapid growth, early-maturity
d.   development, startup, survival
 
e.        25.  The stage that precedes the middle stage in a successful venture’s life cycle is called the:
a.   rapid growth stage
b.   early-maturity stage
c.   development stage
d.   survival stage
e.   startup stage
 
e.       26.  During the maturity stage of a venture’s life cycle, the primary source of funds is in the form of:

1. mezzanine financing
2. seed financing
3. startup financing
4. first round financing
5. seasoned financing

 
a.       27.  The type of financing that occurs during the development stage of a venture’s life cycle is typically referred to as:

1. seed financing
2. startup financing
3. first round financing
4. second round financing
5. mezzanine financing

 
d.        28.  Mezzanine financing is associated with which one of the following life cycle stages:

1. development stage
2. startup stage
3. survival stage
4. rapid growth stage
5. early-maturity stage

 
f.       29.  Entrepreneurial finance is the application and adaptation of financial tools and techniques to an entrepreneurial venture.  Entrepreneurial finance involves: