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Unit 3.2 DB: Proforma Estimates You have constructed a proforma balance sheet for your company. The proforma shows that you will need $1.2 million in
Unit 3.2 DB: Proforma Estimates
You have constructed a proforma balance sheet for your company. The proforma shows that you will need $1.2 million in funding. However, the proforma also shows that you have will have $1.1 million in cash and short-term securities. Your CFO then tells you that we need to begin discussions with the bank for some additional external funding above the $100,000 level. Why does she make this assessment?
The blog topic is Zip Recruiters, Inc.
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