Description
Imagine that you are starting a new small business and need financing. Describe at least five sources of financing for your business. As one of your five sources, include one government-sponsored program that provides financing to small businesses.
User generated content is uploaded by users for the purposes of learning and should be used following Studypool's honor code & terms of service.
Explanation & Answer
Review
Review
Anonymous
Really helped me to better understand my coursework. Super recommended.
Studypool
4.7
Trustpilot
4.5
Sitejabber
4.4
24/7 Homework Help
Stuck on a homework question? Our verified tutors can answer all questions, from basic math to advanced rocket science!
Most Popular Content
5 pages
Nafta S Tomato Wars Case Study
NAFTA agreement was signed in 1992 and allowed free movement of goods, including fruits and vegetables, between the U.S an ...
Nafta S Tomato Wars Case Study
NAFTA agreement was signed in 1992 and allowed free movement of goods, including fruits and vegetables, between the U.S and other countries in North ...
Point Park University Corporate Finance Vitos Tavern Exercise Worksheet
SHOW ALL OF YOUR WORK/TURN IN EXCEL SOLUTIONS1. Vito’s Tavern had $262,000 in 2019 taxable income. What is the taxable ...
Point Park University Corporate Finance Vitos Tavern Exercise Worksheet
SHOW ALL OF YOUR WORK/TURN IN EXCEL SOLUTIONS1. Vito’s Tavern had $262,000 in 2019 taxable income. What is the taxable income? (5 Points)2. During the year, Vito’s Tavern had gross sales of $1,200,000. Costs of Goods sold was $672,000, selling and administrative expenses were $212,000. Vito Tech also had notes payable (liability) of $750,000 at an interest rate of 3%. Depreciation was $110,000 and the company is in a 35% tax bracket. What is Vito Tech’s net income and operating cash flow? (10 Points)3. The most recent financial statements for Vito’s Tavern are as follows:Income StatementSales $55,000Costs $40,000Taxable Income $15,000Taxes (28%) $4,200NI $10,800Balance SheetCurrent Assets $40,000 Long-Term Debt $60,000Fixed Assets $100,000 Equity $75,000Total $140,000 Total $135,000Assets and costs are proportional to sales. Beakman maintains a 10% dividend payout ratio and a constant debt-equity ratio. What is the maximum increase in sales that can be sustained assuming no new equity is issued? (10 Points)4. If Vito’s Tavern has a ROE of 10% and a payout ratio of 7%, what is its sustainable growth rate? (8 Points) 5. PNC Bank pays 5% simple interest on its savings account balances, whereas First Niagara Bank pays 5% interest compounded annually. If you made a deposit of $20,000 in each bank, how much money would you earn from both bank accounts at the end of 10 years? (10 Points)6. Compute future value for the following: (6 Points)Present ValueYearsInterest RateFuture Value$7,5521015%$94,0001812%$250,00057%
7. Compute Present Value for the following: (6 Points)Present ValueYearsInterest RateFuture Value1010%$17,3452012%$1,753,300408%$5,135,0008. Suppose you would like to buy your dream house in 10 years. You estimate that you will need $50,000 for the down payment. If you believe your mutual fund can achieve 7% annual rate of return and you want to have the down payment for the house in 10 years, how much do you have to invest today? (5 Points) 9. You have just made a one-time $5,000 contribution to your retirement account. Assuming you earn 15% per year and make no additional contributions. What will your account be worth when you retire in 40 years? (5 Points) 10. You receive $5,000 per year for the next 20 years from your Grandmother’s trust. If a 7% interest rate is applied, what is the present value of the future payment? (5 Points) 11. If you deposit $5,000 per year for the next 20 years into an account paying 10%, how much money will you have in the account in after the 20 years? Suppose you decide to invest this $5,000 per year in the same account earning 10% for 40 years rather than 20, how much will you have in the account after 40 years? (10 Points)12. Smith Company has the opportunity to invest in two projects. The cash flow for each project is as follows. (10 Points)YearCash Flow (A)Cash Flow (B)0 $ (50,000.00) $ (60,000.00)1 $ 17,000.00 $ 14,000.002 $ 22,000.00 $ 15,000.003 $ 16,000.00 $ 25,000.004 $ 10,000.00 $ 275,000.00Part 1: Assuming Smith Company has a 3 year payback cut off for investing in projects, based on the payback method, which project/projects should the company choose? Show your work on how you came up with the answer.Part 2: Utilizing a Net Present Value methodology, which project should Smith choose assuming a discount interest rate of 10%? Show your work on how you came up with the answer.Part 3: Utilizing an Internal Rate of Return methodology, which project should Smith Choose? Show your work on how you came up with the answer.Part 4: What is one pro and one con of each of the above methods? 13. You are considering investing in a company that cultivates stone for sale to landscaping companies. Use the following information: (10 Points)Sales price per ton of stone = $35Variable costs per tone= $6.95Fixed costs per year = $390,000Depreciation per year = $100,000Tax rate = 35%The discount rate for the company is 13%. The initial investment in equipment is $750,000 and the projects economic life is 10 years. Assume the equipment is depreciated on a straight line basis over the projects life.a.What is the accounting break-even level for the project?b.What is the financial break-even level for the project?
TRA 4944 Florida State College at Jacksonville Supply Chain Management Discussion Questions
1. ( TRA4944) Selecting the right supplier should include more aspects than a “good quoted price.” Identify at least t ...
TRA 4944 Florida State College at Jacksonville Supply Chain Management Discussion Questions
1. ( TRA4944) Selecting the right supplier should include more aspects than a “good quoted price.” Identify at least two other aspects commonly used in selecting a supplier. Explain why each aspect is important and significant in selecting the right supplier.2.From your experience and/or by conducting research select an international organization of your choice and explain their outsourcing strategies. Be sure to explain their relationship and how their logistical strategies are linked to their overall goals and purchasing strategies. (TRA 3132)3.Organizational leaders are tasked with deciding if outsourcing or offshoring is beneficial for the company. Discuss the differences and similarities of outsourcing versus offshoring. Using the Internet, identify a company that participates in either offshoring or outsourcing and explain the advantages and disadvantages of their decision. ( TRA3270)
Long Island University Brooklyn Managerial Ethics and Social Responsibility Discussion
pg # 259 from attached book. Read the Case “To Lock or Unlock Your Phone: Personal Privacy or National Security”at the ...
Long Island University Brooklyn Managerial Ethics and Social Responsibility Discussion
pg # 259 from attached book. Read the Case “To Lock or Unlock Your Phone: Personal Privacy or National Security”at the end of Chapter 11 and response to the following:In the dispute between the FBI and Apple, which side do you support and why?How would you counter the arguments offered by those on the other side of this debate?Are there any circumstances in which you think the government’s right to information should take precedence over an individual’s right to privacy?Should any technology firm be allowed to create a privacy protection system that is so impenetrable that it could never be overridden, regardless of the government’s need for this information?book link:please attached book reference and 2 outside source.https://drive.google.com/file/d/1MjAR2FaSOB4V3LImW...
GC Avero International Creating a Sales Projection Excel Worksheet
This Hw is easy as that " Apply the Instructions attached to the Excel program below " You just need a good Excel Experien ...
GC Avero International Creating a Sales Projection Excel Worksheet
This Hw is easy as that " Apply the Instructions attached to the Excel program below " You just need a good Excel Experience
Eastern Oregon University Week 3 Intentional Tort Business Law Questions
I.Mr. Stevens is fed up with his nosey neighbor Mrs. Crabtree.Mr. Stevens telephones Mrs. Crabtree’s sister, Carol, and ...
Eastern Oregon University Week 3 Intentional Tort Business Law Questions
I.Mr. Stevens is fed up with his nosey neighbor Mrs. Crabtree.Mr. Stevens telephones Mrs. Crabtree’s sister, Carol, and tells her that he believes that Mrs. Crabtree was convicted of prostitution when she was younger and that she still earns extra money working for an escort service.The statement is false and Mrs. Crabtree is so shocked when she hears about the phone call, she faints, falls and hits her head on a table. 1.What intentional tort would Mrs. Crabtree most likely be able to successfully sue Mr. Stevens for? Explain why that intentional tort is most likely to be asserted. II. Bill and Ted are best friends and are always playing practical jokes on each other.One day, Bill purchases a nerf knife and pair of nylons.As Ted is leaving work with his boss, Patsy, Bill jumps out with the nylons over his head pointing the knife and yells, "Your money or your wife".Ted realizes it is Bill but decides to play along.Ted grabs Patsy by the arm and says "Take my wife, please".At this point, Patsy faints.Bill and Ted have a good laugh, and then Bill decides to take and keep Patsy's purse to make her think it was a real robbery.Patsy sues Bill for assault, battery and conversion. 2. Applying the elements of the tort of assault, will Patsy prevail in her suit for assault? Explain your answer. 3. Applying the elements of the tort of battery, will Patsy prevail in her suit for battery? Explain your answer 4. Applying the elements of the tort of conversion, will Patsy prevail in her suit for conversion? Explain your answer. II.April owns a 1969 VW van which has frequently been popping out of gear.April plans to have the van repaired the next time she gets paid.While late for work one day, she parks the van on a steep hill and forgets to put on the parking brake.Later the van pops out of gear and rolls down the hill into an power pole.The pole falls and sparks from the broken electrical line ignite a grass fire.The fire spreads a short distance to a shed that Robert uses to store fireworks.The fireworks shed explodes and a piece of the roof strike and injure a passing motorist, John.John sues April for negligence and requests $25,000 in damages. 5. List and apply each of the four element of a suit for negligence to the facts to determine if John can recover from April. 6. Are there any defenses that April could assert which might relieve her of liability for John's injury? Explain your answer. 7.Under what tort might John sue Robert, the owner of the fireworks shed? Explain your answer. III.Late one Halloween night, Daphne, dressed up as the tooth fairy on acid, decides to take a shortcut through Mrs. White's large, unfenced backyard, and she falls into an open grave that Mrs. White had dug for her dog that diedearlier in the day. Daphne breaks her leg as she falls and is unable to crawl out of the grave. Later in the evening, Jason is also taking a shortcut through Mrs. White's yard, and when Daphne hears him, she raises herself out of the grave and screams for help. Jason fears for his safety, screams and wets his pants. 8. Daphne sues Mrs. White claiming that Mrs. White negligently maintained the property. Will Daphne prevail in her negligence suit? Explain your answer. 9. Jason sues Daphne claiming that she caused him to fear for his safety.Will Jason prevail in his suit for the tort of assault?Explain your answer. 10. Mrs. White sues Jason for crossing onto her property without her permission. Will Mrs. White prevail in her suit for the tort of trespass?Explain your answer.
Similar Content
Ethics in bidding, assignment help
I need an outline by Thursday morning. it is about a case study. description below and I uploaded the case study. the fina...
Police Crime Control Strategies
1. How did the events of the 1960s change American policing? Is it likely that there was an interactive effect from the ev...
Horizontal and Vertical Analysis
Research examples of horizontal and vertical analysis. Why are these methods used. What can we learn from these statement...
If you were a purchasing agent for CSU, management homework help
read the case below and answer the question for Capital State Arena. Three to four pages long APA style, original work and...
Managing an Overseas Business Discussion
Week 6, Essay 4
Managing an Overseas Business
Please consider the required readings up to this point in the course. Also,...
Write 3 or 4 pages PROJECT
Upload your individual project log, which should contain a reflection on your own learning experience with respect to the ...
Perception management class lectures_51983156-Merleau-Ponty-the-world-of-perception
uploads/services/161584/Perception management class lectures_51983156-Merleau-Ponty-the-world-of-perception.pdf...
Marketing research class lectures_79758778-Marketing-Research
uploads/services/161584/Marketing research class lectures_79758778-Marketing-Research.docx...
Discussion
Job analysis is the process where one studies a job to determine the responsibilities and activities it has, its importanc...
Related Tags
Book Guides
The Age of Innocence
by Edith Wharton
Into Thin Air
by Jon Krakauer
Good Kids Bad City
by Kyle Swenson
White Fang
by Jack London
Communist Manifesto
by Karl Marx
The Bell Jar
by Sylvia Plath
The English Patient
by Michael Ondaatje
The Glass Palace
by Amitav Ghosh
Girl Stop Apologizing
by Rachel Hollis
Get 24/7
Homework help
Our tutors provide high quality explanations & answers.
Post question
Most Popular Content
5 pages
Nafta S Tomato Wars Case Study
NAFTA agreement was signed in 1992 and allowed free movement of goods, including fruits and vegetables, between the U.S an ...
Nafta S Tomato Wars Case Study
NAFTA agreement was signed in 1992 and allowed free movement of goods, including fruits and vegetables, between the U.S and other countries in North ...
Point Park University Corporate Finance Vitos Tavern Exercise Worksheet
SHOW ALL OF YOUR WORK/TURN IN EXCEL SOLUTIONS1. Vito’s Tavern had $262,000 in 2019 taxable income. What is the taxable ...
Point Park University Corporate Finance Vitos Tavern Exercise Worksheet
SHOW ALL OF YOUR WORK/TURN IN EXCEL SOLUTIONS1. Vito’s Tavern had $262,000 in 2019 taxable income. What is the taxable income? (5 Points)2. During the year, Vito’s Tavern had gross sales of $1,200,000. Costs of Goods sold was $672,000, selling and administrative expenses were $212,000. Vito Tech also had notes payable (liability) of $750,000 at an interest rate of 3%. Depreciation was $110,000 and the company is in a 35% tax bracket. What is Vito Tech’s net income and operating cash flow? (10 Points)3. The most recent financial statements for Vito’s Tavern are as follows:Income StatementSales $55,000Costs $40,000Taxable Income $15,000Taxes (28%) $4,200NI $10,800Balance SheetCurrent Assets $40,000 Long-Term Debt $60,000Fixed Assets $100,000 Equity $75,000Total $140,000 Total $135,000Assets and costs are proportional to sales. Beakman maintains a 10% dividend payout ratio and a constant debt-equity ratio. What is the maximum increase in sales that can be sustained assuming no new equity is issued? (10 Points)4. If Vito’s Tavern has a ROE of 10% and a payout ratio of 7%, what is its sustainable growth rate? (8 Points) 5. PNC Bank pays 5% simple interest on its savings account balances, whereas First Niagara Bank pays 5% interest compounded annually. If you made a deposit of $20,000 in each bank, how much money would you earn from both bank accounts at the end of 10 years? (10 Points)6. Compute future value for the following: (6 Points)Present ValueYearsInterest RateFuture Value$7,5521015%$94,0001812%$250,00057%
7. Compute Present Value for the following: (6 Points)Present ValueYearsInterest RateFuture Value1010%$17,3452012%$1,753,300408%$5,135,0008. Suppose you would like to buy your dream house in 10 years. You estimate that you will need $50,000 for the down payment. If you believe your mutual fund can achieve 7% annual rate of return and you want to have the down payment for the house in 10 years, how much do you have to invest today? (5 Points) 9. You have just made a one-time $5,000 contribution to your retirement account. Assuming you earn 15% per year and make no additional contributions. What will your account be worth when you retire in 40 years? (5 Points) 10. You receive $5,000 per year for the next 20 years from your Grandmother’s trust. If a 7% interest rate is applied, what is the present value of the future payment? (5 Points) 11. If you deposit $5,000 per year for the next 20 years into an account paying 10%, how much money will you have in the account in after the 20 years? Suppose you decide to invest this $5,000 per year in the same account earning 10% for 40 years rather than 20, how much will you have in the account after 40 years? (10 Points)12. Smith Company has the opportunity to invest in two projects. The cash flow for each project is as follows. (10 Points)YearCash Flow (A)Cash Flow (B)0 $ (50,000.00) $ (60,000.00)1 $ 17,000.00 $ 14,000.002 $ 22,000.00 $ 15,000.003 $ 16,000.00 $ 25,000.004 $ 10,000.00 $ 275,000.00Part 1: Assuming Smith Company has a 3 year payback cut off for investing in projects, based on the payback method, which project/projects should the company choose? Show your work on how you came up with the answer.Part 2: Utilizing a Net Present Value methodology, which project should Smith choose assuming a discount interest rate of 10%? Show your work on how you came up with the answer.Part 3: Utilizing an Internal Rate of Return methodology, which project should Smith Choose? Show your work on how you came up with the answer.Part 4: What is one pro and one con of each of the above methods? 13. You are considering investing in a company that cultivates stone for sale to landscaping companies. Use the following information: (10 Points)Sales price per ton of stone = $35Variable costs per tone= $6.95Fixed costs per year = $390,000Depreciation per year = $100,000Tax rate = 35%The discount rate for the company is 13%. The initial investment in equipment is $750,000 and the projects economic life is 10 years. Assume the equipment is depreciated on a straight line basis over the projects life.a.What is the accounting break-even level for the project?b.What is the financial break-even level for the project?
TRA 4944 Florida State College at Jacksonville Supply Chain Management Discussion Questions
1. ( TRA4944) Selecting the right supplier should include more aspects than a “good quoted price.” Identify at least t ...
TRA 4944 Florida State College at Jacksonville Supply Chain Management Discussion Questions
1. ( TRA4944) Selecting the right supplier should include more aspects than a “good quoted price.” Identify at least two other aspects commonly used in selecting a supplier. Explain why each aspect is important and significant in selecting the right supplier.2.From your experience and/or by conducting research select an international organization of your choice and explain their outsourcing strategies. Be sure to explain their relationship and how their logistical strategies are linked to their overall goals and purchasing strategies. (TRA 3132)3.Organizational leaders are tasked with deciding if outsourcing or offshoring is beneficial for the company. Discuss the differences and similarities of outsourcing versus offshoring. Using the Internet, identify a company that participates in either offshoring or outsourcing and explain the advantages and disadvantages of their decision. ( TRA3270)
Long Island University Brooklyn Managerial Ethics and Social Responsibility Discussion
pg # 259 from attached book. Read the Case “To Lock or Unlock Your Phone: Personal Privacy or National Security”at the ...
Long Island University Brooklyn Managerial Ethics and Social Responsibility Discussion
pg # 259 from attached book. Read the Case “To Lock or Unlock Your Phone: Personal Privacy or National Security”at the end of Chapter 11 and response to the following:In the dispute between the FBI and Apple, which side do you support and why?How would you counter the arguments offered by those on the other side of this debate?Are there any circumstances in which you think the government’s right to information should take precedence over an individual’s right to privacy?Should any technology firm be allowed to create a privacy protection system that is so impenetrable that it could never be overridden, regardless of the government’s need for this information?book link:please attached book reference and 2 outside source.https://drive.google.com/file/d/1MjAR2FaSOB4V3LImW...
GC Avero International Creating a Sales Projection Excel Worksheet
This Hw is easy as that " Apply the Instructions attached to the Excel program below " You just need a good Excel Experien ...
GC Avero International Creating a Sales Projection Excel Worksheet
This Hw is easy as that " Apply the Instructions attached to the Excel program below " You just need a good Excel Experience
Eastern Oregon University Week 3 Intentional Tort Business Law Questions
I.Mr. Stevens is fed up with his nosey neighbor Mrs. Crabtree.Mr. Stevens telephones Mrs. Crabtree’s sister, Carol, and ...
Eastern Oregon University Week 3 Intentional Tort Business Law Questions
I.Mr. Stevens is fed up with his nosey neighbor Mrs. Crabtree.Mr. Stevens telephones Mrs. Crabtree’s sister, Carol, and tells her that he believes that Mrs. Crabtree was convicted of prostitution when she was younger and that she still earns extra money working for an escort service.The statement is false and Mrs. Crabtree is so shocked when she hears about the phone call, she faints, falls and hits her head on a table. 1.What intentional tort would Mrs. Crabtree most likely be able to successfully sue Mr. Stevens for? Explain why that intentional tort is most likely to be asserted. II. Bill and Ted are best friends and are always playing practical jokes on each other.One day, Bill purchases a nerf knife and pair of nylons.As Ted is leaving work with his boss, Patsy, Bill jumps out with the nylons over his head pointing the knife and yells, "Your money or your wife".Ted realizes it is Bill but decides to play along.Ted grabs Patsy by the arm and says "Take my wife, please".At this point, Patsy faints.Bill and Ted have a good laugh, and then Bill decides to take and keep Patsy's purse to make her think it was a real robbery.Patsy sues Bill for assault, battery and conversion. 2. Applying the elements of the tort of assault, will Patsy prevail in her suit for assault? Explain your answer. 3. Applying the elements of the tort of battery, will Patsy prevail in her suit for battery? Explain your answer 4. Applying the elements of the tort of conversion, will Patsy prevail in her suit for conversion? Explain your answer. II.April owns a 1969 VW van which has frequently been popping out of gear.April plans to have the van repaired the next time she gets paid.While late for work one day, she parks the van on a steep hill and forgets to put on the parking brake.Later the van pops out of gear and rolls down the hill into an power pole.The pole falls and sparks from the broken electrical line ignite a grass fire.The fire spreads a short distance to a shed that Robert uses to store fireworks.The fireworks shed explodes and a piece of the roof strike and injure a passing motorist, John.John sues April for negligence and requests $25,000 in damages. 5. List and apply each of the four element of a suit for negligence to the facts to determine if John can recover from April. 6. Are there any defenses that April could assert which might relieve her of liability for John's injury? Explain your answer. 7.Under what tort might John sue Robert, the owner of the fireworks shed? Explain your answer. III.Late one Halloween night, Daphne, dressed up as the tooth fairy on acid, decides to take a shortcut through Mrs. White's large, unfenced backyard, and she falls into an open grave that Mrs. White had dug for her dog that diedearlier in the day. Daphne breaks her leg as she falls and is unable to crawl out of the grave. Later in the evening, Jason is also taking a shortcut through Mrs. White's yard, and when Daphne hears him, she raises herself out of the grave and screams for help. Jason fears for his safety, screams and wets his pants. 8. Daphne sues Mrs. White claiming that Mrs. White negligently maintained the property. Will Daphne prevail in her negligence suit? Explain your answer. 9. Jason sues Daphne claiming that she caused him to fear for his safety.Will Jason prevail in his suit for the tort of assault?Explain your answer. 10. Mrs. White sues Jason for crossing onto her property without her permission. Will Mrs. White prevail in her suit for the tort of trespass?Explain your answer.
Earn money selling
your Study Documents