Chef’s Toolkit Inc.
(4 pages of text)
An entrepreneur who is anxious to start a business manufacturing a pasta server requires funds to finance the acquisition of equipment and working capital. A venture capital investor demands a cash budget for the first year of business as well as projected financial statements.
To develop projected statements for stated assumptions 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, marketing, and credit collection and how these variables affect cash flow.
Canada, Small, 1994
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