After a successful exit from a previous start-up, Javier and Isabela have launched a dating app called Wing It. They have issued common stock to investors and borrowed money from their bank. What items on their financial statements would be impacted by these corporate actions?

Revenues and Expenses on the Income Statement

Long-term debt and Common Stock on the Balance Sheet

The S-1 Statement submitted to the Division of IPOs at the Pac-12 Conference of Examiners

Investing Section on the Statement of Cash Flows

Operating Activities on the Statement of Cash Flows

Sam, Jaimie, and Halle have joined forces to start their own Hollywood talent agency called Rise N Shine. Prospective investors have queried about their pro-forma financial projections, specifically asking about the profitability ratios. Which of the following are they referring?

Cash Conversion Cycle: DIO, DSO, and DPO

Net Working Capital and Current Ratios

Debt to Equity and Debt to Capital Ratios

Gross Margin and Operating Margin

Cash burn