The faster modem corporation who managed to capitalize, Ask an Expert

Finance

The Faster modem corporation who managed to capitalize their firm with $150,000. They were able to raise this money because their test model performed much faster than current modems on the market, and they received an initial commitment from a national firm to market their modem. However, a national modem manufacture beat them to the market, and they found that they had invested $150,000 integral obsolete technology. They now find that they have no sales $500 in cash, and a $2,000 payment due to their creditor on the first of month. What are the owner's options?

View complete question

Financial Management, Finance

Category:- Financial Management
Reference No.:- M92259673

Have any Question?Write your Review or question?

Related Questions in Financial Management

Question under what circumstances are price factors more

Question : Under what circumstances are price factors more important than non-price factors during a source selection? Under what circumstances are non-price factors more important? Use headings to compare and contrast t ...

Answer the following question q1 what is economics and why

Answer the following Question : Q.1. What Is Economics, and Why Is It Important? Q.2. How Economists Use Theories and Models to Understand Economic Issues.

In the link below you will explore how companies compute

In the link below, you will explore how companies compute their cost of capital by computing a weighted average of the three major components of capital: debt, preferred stock, and common equity. The firm's cost of capit ...

Assignmentimagine you are the owner of a small business in

Assignment Imagine you are the owner of a small business in your hometown. Briefly describe your company in 3 to 5 sentences. Discuss the following in 525 to 700 words: Define the roles you play as a small business owner ...

Company overviewintroductory paragraph summarize the

Company Overview Introductory paragraph. Summarize the section in 1 - 2 paragraphs including the history, current market, and the overall image of the organization. History Current Market Include a brief 2 - 3 paragraph ...

Management control systems and national cultures and

Management Control Systems and National Cultures and Corporate Social Responsibility o What steps, if any, is Amazon taking to be sensitive to the national culture. o What is Amazon doing with regard to Corporate Social ...

Test1 if a persons required return decreases for an

TEST 1) If a person's required return decreases for an increase in risk, that person is said to be risk-seeking. risk-indifferent. risk-adverse. risk-aware. 2) Last year Mike bought 100 shares of Dallas Corp. common stoc ...

Discussion question find an example of a document that

Discussion Question : Find an example of a document that misuses graphics. This can be a document that you have received (please blot out any sensitive information and names) or a document that you find on the Internet. ...

Assessment - projectpart a- asset register1 develop a

ASSESSMENT - PROJECT Part A- Asset Register 1. Develop a physical asset register for the Acumen kitchen and restaurant which includes: buildings, computer system, equipment fixtures, fittings and furniture in the kitchen ...

Watch the video moral imaginationand answer the following

Watch the video: "Moral Imagination" And Answer the following questions: 1. Can you think of a time when you or someone whom you know used moral imagination? If so, what motivated you (or this individual) to use moral im ...

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 Financial Management Expert