Subject category:
Finance, Accounting and Control
Published by:
Ivey Publishing
Version: 2000-10-06
Length: 9 pages
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Abstract
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.
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Abstract
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.