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Brian Motley founded Mini Discs Corporation at the end of 2005 with a $1 million investment. After nearly one year of development, the venture produced an optical storage disk (about the size of a sil
Bike-With-Us Corporation, a specially bicycle parts replacement venture, was started last year by two former professional bicycle riders who had substantial competitive racing experience, including th
Besides the cash budget what additional financial statements are projected monthly in conjunction with short-term financial planning?
Bonito Gonzalez founded and grew the Bio Systems Manufacturing Corporation over a several-year period. However, Bonito has decided to harvest or exit Bio Systems now at the end of 2010 with the intent
Ben Toucan, owner of the Aspen Restaurant,wants to determine the present value of his investment.The Aspen Restaurant is currently in the development stage but Toucan hopes to "begin" operations early
Be a Devil's Advocate.The decision is being considered of going to TV advertising,as well as drive-through windows, thus becoming more like the successful fast-food restaurants.What arguments would yo
Assume your new venture, organized as a proprietorship,is in its first year of operation.You expect to have taxable income of $50,000.
Assume you started a new business last year with $50,000 of your own money,which was used to purchase equipment.
Assume you sell for $100,000 a 10 percent ownership stake in a future payment one year from now of $1.5 million.
Assume the foretasted cash flows presented in Problem 2 for the TecOne Corporation venture also hold for the LowTec venture.
Assume you have developed and tested a prototype electronic product and are about to start your new business.You purchase preprogrammed computer chips at $70 per unit.
Assume you are starting a new business involving the manufacture and sale of a new product.Raw materials costs are $40 per product.Direct labour costs are expected to be $30 per product.You expect to
Assume that you have just "run out of money" and are unable to move your "idea" from its development stage to production and the start up stage. However, you remain convinced that with a reasonable am
Assume that you have just "run out of money" and are unable to move your "idea" from its development stage to production and the startup stage.
Assume that you have been working on a first-generation "prototype" for a new product.An angel investor is "waiting in the wings," wanting to invest in a second-generation model or prototype.Unfortuna
Assume that the operation of your business resulted in sales of $730,000 last year.Year-end receivables are $100,000.You are considering factoring the receivables to raise cash to help finance your ve
Assume that some of the information relating to Gamma Systems Manufacturing Corporation has changed. Answer the following questions using the financial statement data in Problem 5.
Assume a venture has a perpetuity enterprise value cash flow of $800,000. Cash flows are expected to continue to grow at 8 percent annually and the venture's WACC is 15 percent.
As your venture has moved from the development stage to the startup stage,a number of trade secrets have been developed along with an extensive client list.You are in the business of developing and
As a Starbucks senior executive, describe how you would defend against McDonald’s.
As a Google stockholder,should you be worried if the Microsoft merger with Yahoo goes through? Why or why not? Is there anything Google can do to prevent it?
Artero Corporation,discussed in Problems 9 and 11,is a retailer of toy products.This is a continuation of Problem 11.The firm's management team recently extended the monthly sales forecasts through
Artero Corporation, discussed in Problem 9,is a retailer of toy products.The firm's management team recently extended the monthly sales forecasts that were prepared for the last three months of 2011
An analogy used in relation to venture opportunity screening makes reference to "caterpillars" and "butterflies." Briefly describe the use of this analogy.
After forecasting sales,describe how the income statement is projected.