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Entrepreneurial Finance

6th Edition

ISBN:9781337635653

Author:Leach

Publisher:Leach

Chapter1: Introduction To Finance For Entrepreneurs

Section: Chapter Questions

Problem 6SEP

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First image is with the answers that are given and the questions scenarios . Second image is with more question scenarios . I need help and explanations on what answer to match with what scenarios .It’s about the best way for funding business in the given scenario

You have gone as far as you can go in your business,
and you'd prefer not to finance future growth with debt
instruments. You'd ideally find a funding option that
provides a large volume of new cash, and is also
interest free. What is your best funding option?
You are establishing a new warehouse in Sparks,
Nevada to better accommodate your customers in the
western half of the U.S. You will have to access a
specific amount of cash on a periodic basis as the
need arises. What is your best funding option?
✓ Your first resource for new business funding.
You are initiating a small delivery service in Cuyahoga
County. You have maximized your use of your own
cash and credit, but are unwilling to go to a
commercial institution for a loan, or to ask suppliers
for credit. You can consider turning to
for funding, but must
be sure to codify your arrangement in a formal
manner.
Click Save and Submit to save and submit. Click Save All Answers to save all a
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Transcribed Image Text:Question Completion Status: V You are purchasing incremental inventory of polypropylene in order to produce your upscale blenders for a large new account, Starbucks. You anticipate that you will need to make supplemental purchases of this plastic for only the next ten months. What method of funding is most appropriate for this investment? You plan to launch a brand new, two-year advertising campaign for your line of lawn furniture on HGTV. To fund your campaign, you should most likely consider a(n) ✓ Your injection molding equipment has just about reached its productive life of twelve years. You know you'll need to replace it, and are considering financing options. What is the most likely candidate for the purchase of your replacement equipment? ✓ Your chemicals supplier has given you ninety days to pay for your most recent order of plastics colorant. By doing so, she has helped you fund your purchase by extending You have an idea for a brand new form of diet supplement that comes in the form of ice cream. Due to America's love of an easy way to lose pounds, you believe this start up venture will be highly successful. To fund the initial expenditures involved in establishing your new business, you would do best to turn to a(n) You've been producing sprockets for ten years, and now see an opportunity to product cogs to augment your product line. The growth potential for cogs is quite strong, and you want to get in on this emerging market segment. You'll need at least $6.0 million for your growth plan, but know that you'll be able to repay supplemental funding fairly quickly. To whom do you turn? E: 11 A. family and friends B. Intermediate loan a C. angel investor D. trade credit E. Venture capitalist F. A short term loan. G. IPO H. Personal Assets. Click Save and Submit to save and submit. Click Save All Answers to save all answers. 1. A long term loan. J. A Bank Line of Credit 3 L P e 9 M

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