Kitchen Helper Inc.
(4 pages of text)
The president of Kitchen Helper Inc. is seeking financing for his new invention. Commercial banks have refused to provide any further financing, and the president has rejected offers from venture capitalists. A private investor has expressed interest but wishes to see a cash budget and a pro forma income statement and balance sheet.
The objectives of this case are to: develop the mechanics and use of projected financial statements; introduce students to computer based model building; do a size-up for a very simple situation.
USA, Small, 1990
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