Saved to my Ma OF svo - Chapter 20 homework Start-up funding case #2(1) . Design Layout References Mailings Review View Tell me 11 ' Aa AAL Uvex x AD TA A. Styles Styles Pane 1. What is the definition of start-up funding and how long does the start-up period last? Answer: Case Study Information: Sylvia plans to use the $75,000 in her savings account to start a bakery. She estimates that during the first month she will need to pay one-time startup expenses of $62,000 and monthly operating expenses of $8,000. During the second month, she will have net revenue after cost of goods sold of $4,000 and operating expenses of $8,000. During the third month, she will have net revenue of $11,000 and operating expenses of $8,000. 2. Project the cash flow using the direct cash flow method for Sylvia's bakery for the first three months. Sylvia's bakery 1 2 3 Beginning Cash Owners Investment Net Revenue TOTAL Cash inflows $ One-time startup expense Operating Expenses TOTAL Cash Outflows $ $ $ Net Cash Flow $ Ending Cash $ 3. Does Sylvia have enough money in her savings to start the business? How much total does 256 words English (United States) Focus tv w Aa MacBook Air