(Answered) Anew software company believes revenue must reach 5 million

Academics

Anew software company believes revenue must reach $5 million in Year 3 for the company to be viable. Everyyear, the expected operating margin (EBIT/Sales) is 20%, the tax rate is 30%, and asset turnover is 5X. Thefounders have $200,000 between them for initial equity funding.

With no other financing, will the $200,000 of founder investment be sufficient to achieve the Year 3 sales target? If not, what level of initial equity investment would be required?

View complete question

English, Academics

Category:- English
Reference No.:- M91670767
Price:- $10

Verified Expert

Priced at $20 Now at $10, Verified Solution

Have any Question?Write your Review or question?

Related Questions in English

Overview the research paper is to be approximately four

Overview: The research paper is to be approximately four pages long each (double spaced) not including the citations. For information on how to prepare the citations. Your research paper should include specific examples ...

Question i just need the document in a clear well written

Question: I just need the document in a clear well written single spaced. 1-2 pages is fine more is okay just make the information flow. • Describe an example of technical writing that you have written or encountered in ...

Question instructionsexamine the impact large and

Question: Instructions Examine the impact large and multinational corporations have had on economic control. Specifically, consider the consequences and impact corporations now have on nations and on individual workers. ...

Assignment instructionswrite a 750 word essay on one of the

Assignment Instructions Write a 750 word essay on ONE of the following topics. The word count does not include formatting or the works cited page. Readings Emily Dickinson," I'm Nobody! Who Are You?" Emily Dickinson Biog ...

Question prewriting and outlining for the narrative

Question: Prewriting and Outlining for the Narrative Essay This week, you will be preparing for next week's essay: the narrative. Take a moment and review the directions for the Week 3 narrative essay. Once you have a to ...

The title of this course is giants of the arts so please

The title of this course is "Giants of the Arts" so please consider the following statement of our textbook authors, Richard Janaro and Thelma Altshuler. "The humanities give us stories to inspire our imagination, ideas ...

Question apa style establishes ground rules for how you

Question: APA style establishes ground rules for how you document the sources of quotations, paraphrased information, statistics, and illustrations (graphs, tables, pictures, if any) you use in your paper. APA style empl ...

Question answer each question fully incorporating both your

Question: Answer each question fully (incorporating both your self-evaluation and your reader's evaluation) into your answers.Cut and paste each question below into your assignment and then type your answers below each o ...

Discussfor this assignment research a company large or

Discuss For this assignment, research a company, large or small, that has taken advantage of the recent technological advances developed in information systems to grow the E-commerce-side of the business. In what ways ha ...

Poor persuasion or sales letterplease respond to one of the

Poor Persuasion or Sales Letter Please respond to ONE of the following: Question A 75-150 words Describe a time when someone tried to persuade you to change a belief, buy a product or take a specific action, in which he/ ...

4,153,160 Questions Asked
13,132 Experts
2,558,936 Questions Answered

Ask Experts for help!!

Looking for Assignment Help?

Start excelling in your Courses, Get help with Assignment

Write us your full requirement for evaluation and you will receive response within 20 minutes turnaround time.

Ask Now Help with Problems, Get a Best Answer

Recent Questions

Ask English Expert