1. You have constructed a pro-forma balance sheet for your company. The pro-forma shows that you will need $1.2 million in funding. However, the pro-forma also shows that you have will have $1.1 million in cash and short-term securities. Your CFO then tells you that we need to begin discussions with the bank for some additional external funding – above the $100,000 level. Why does she make this assessment?
2. Develop and discuss an IOT (Internet of Things) solution for medical practitioners and patients which updates them with the changes in flu vaccination based on evolving new viruses.
3. Define and describe the concept of a surety. In your response define and describe the concept of an insurable interest and the factor of risk as it applies to insurance.