In 2004, Google fi led a Form S-1 registration statement with the US SEC to register its initial public off ering of securities (Class A Common Stock). In addition to a large amount of fi nancial and business information, the registration statement provided a 20- page discussion of risks related to Google’s business and industry. Th is type of qualitative information is helpful, if not essential, in making an assessment of a company’s credit or investment risk. Which of the following is least likely to have been included in Google’s registration statement? A . Audited fi nancial statements. B . Assessment of risk factors involved in the business. C . Projected cash fl ows and earnings for the business.
In 2004, Google fi led a Form S-1 registration statement with the US SEC to register its initial public off ering of securities (Class A Common Stock). In addition to a large amount of fi nancial and business information, the registration statement provided a 20- page discussion of risks related to Google’s business and industry. Th is type of qualitative information is helpful, if not essential, in making an assessment of a company’s credit or investment risk. Which of the following is least likely to have been included in Google’s registration statement? A . Audited fi nancial statements. B . Assessment of risk factors involved in the business. C . Projected cash fl ows and earnings for the business.
Chapter14: Corporation Accounting
Section: Chapter Questions
Problem 13PB: You are a consultant working with various companies that are considering incorporating and listing...
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In 2004, Google fi led a Form S-1 registration statement with the US SEC to register its initial public off ering of securities (Class A Common Stock). In addition to a large amount of fi nancial and business information, the registration statement provided a 20- page discussion of risks related to Google’s business and industry. Th is type of qualitative information is helpful, if not essential, in making an assessment of a company’s credit or investment risk. Which of the following is least likely to have been included in Google’s registration statement? A . Audited fi nancial statements. B . Assessment of risk factors involved in the business. C . Projected cash fl ows and earnings for the business.
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