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Frank and Betty Baketare preparing a plan to submit to venture capitalists to find their business Photo Masters. The company plans to spend 5250,000 on

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Frank and Betty Baketare preparing a plan to submit to venture capitalists to find their business Photo Masters. The company plans to spend 5250,000 on equipment in the first quarter of 20x7 Saared the expenses paldas incurred will be $35.000 per month beginning in January 2007 and will continue at that level thereafter. The company will receivers revenues in January 20x with chalecos vagina 5280 month for all of 20x3 in January 2009 cash collections are expected to increase to 5120.000 per month and continue at that level thereafter some that the company needs nough funding to cover needs receipts start exceeding cash debursements Requirement 1. How much vere capital funding should Frank and Bey seek? Leave and the bank Cashoutouting 20X8 Cashould deg 20% e Type here to search DELL FO FB Bache 1 $ 4 1 1 0 3 7 8 2 5 7 o P W E R Y T 1 A Frank and Betty Baketare preparing a plan to submit to venture capitalists to find their business Photo Masters. The company plans to spend 5250,000 on equipment in the first quarter of 20x7 Saared the expenses paldas incurred will be $35.000 per month beginning in January 2007 and will continue at that level thereafter. The company will receivers revenues in January 20x with chalecos vagina 5280 month for all of 20x3 in January 2009 cash collections are expected to increase to 5120.000 per month and continue at that level thereafter some that the company needs nough funding to cover needs receipts start exceeding cash debursements Requirement 1. How much vere capital funding should Frank and Bey seek? Leave and the bank Cashoutouting 20X8 Cashould deg 20% e Type here to search DELL FO FB Bache 1 $ 4 1 1 0 3 7 8 2 5 7 o P W E R Y T 1 A

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