Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

MEMO To: Shark Tank Evaluators From: Coffman Investment Group LLC. Date: Nov 4, 2017 Subject: Recommend Shark Tank Investment From a Shark Tank episode, recommend

MEMO

To: Shark Tank Evaluators

From: Coffman Investment Group LLC.

Date: Nov 4, 2017

Subject: Recommend "Shark Tank" Investment

From a "Shark Tank" episode, recommend a product/service for investment possibilities by The Coffman Investment Group.

Please include:

Description of the product/service and target market (volume and percentage)

A contribution margin operating income statement (unit and total calculations)

Why the Sharks were interestedORnot interested.

Brief description of presentation (helpful with decision process?)

Include the original valuation and final valuation (if a "Shark" does invest)

The "Shark Tank" TV program can be found on various TV channels or online. A method to record or rewind would be helpful to capture important data for your analysis. Other than the above required data, please include any pertinent information to assist with the decision process. In conclusion, explain why you agree or disagree with the "Sharks" decision.

Valuation is calculated by dividing the equity requested by the percentage of ownership.

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Financial Accounting

Authors: Carl S Warren, James M Reeve, Jonathan Duchac

12th Edition

0538478519, 9780538478519

More Books

Students also viewed these Accounting questions

Question

formula to compute contribution margin per grinding minute

Answered: 1 week ago