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1 page/≈275 words
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Level:
MLA
Subject:
Accounting, Finance, SPSS
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Essay
Language:
English (U.S.)
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Topic:

Groupon updates IPO filing (Essay Sample)

Instructions:
Here are the instructions: A. Read the attached article "Groupon updates IPO filing, admits it's unprofitable". B. Answer the following questions: 1) What regulatory agency did Groupon file its IPO with? 2) What was Groupon's cost of revenues for the second quarter ended 6/30? 3) What was Groupon's operating expenses for the second quarter ended 6/30? 4) What fundamental accounting principle is applicable to Groupon? 5) After reading the article, would you invest in Groupon? Why or why not? source..
Content:
Groupon Student: Professor: Course title: Date: Groupon Read the attached article "Groupon updates IPO filing, admits it's unprofitable". Answer the following questions: 1) What regulatory agency did Groupon file its IPO with? Groupon, an online coupon company filed its IPO with the Securities and Exchange Commission (SEC), which is a United States government agency established by the Congress in order to not only regulate the securities markets, but protect investors as well. 2) What was Groupon's cost of revenues for the second quarter ended 6/30? The internet Company’s cost of revenue for the second quarter that ended June 30 stood at $878 Million. Its gross profit was $341 Million. 3) What was Groupon's operating expenses for the second quarter ended 6/30? The operating expenses stood at $537 Million. 4) What fundamental accounti...
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