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Question
one traditional source of capital involves retaining the excess of revenues over expenses. the acme pharmaceutical company, a for-profit corporation, is a relatively small start-up company. as a start-up, acme has recorded operating losses for each of its five years of existence. the company now needs to raise more capital for research and development. will retaining the excess of revenues over expenses be a possible source of capital for acme?
a. yes
b. no
c. not applicable
Answer
This answer is hidden. It contains 1 characters.
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