Question
Be Our Guest, Inc. 1. What are the key success factors for Be Our Guest? 2. Project the Income statement, Balance Sheet, and Statement of
Be Our Guest, Inc.
1. What are the key success factors for Be Our Guest?
2. Project the Income statement, Balance Sheet, and Statement of Cash for 1998 and determine if Be Our Guest needs additional financing? (Assume sales of $3,000,000). What amount of financing is needed? Also please state any assumptions you make to determine your figures. Round numbers to the nearest dollar. Assume any borrowing is done at the end of the year.
3. What should Be Our Guest do for their financing needs?
4. Assume Be Our Guest needs financing, put yourself in the role of a banker and decide if the bank should grant the requested financing? Note: When printing your financial statements, make sure that any one statement is not split between two pages.
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