An entrepreneur who is apprehensive to start a company fabricating a pasta server demands funds to fund the acquisition of equipment and working capital.
A venture capital investor demands a cash budget for proposed financial statements along with the first year of business.
Learning Objective: To develop statements that are projected for stated premises and data. There is little room for judgement - all basic numbers are given.
The student will have to understand the connections between production, sales expectations, promotion, and credit group and how these variables impact cash flow.
Publication Date: 01/22/1995
This is just an excerpt. This case is about Finance
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