What is your impression of bernsteins perspective

Assignment Help Corporate Finance
Reference no: EM131035884

Assignment Instructions

Read the following situation then answer the questions as part of well written essay (250-500 words). Include sources and citations where appropriate and a reference list at the end of your essay. Adhere to all APA 6th ed. rules. At least (1) in text citation

David Bernstein needs help financing his Lodi, New Jersey-based Access Direct, Inc., a six-year-old $3.5 million company. "We're ready to get to the next level," says Bernstein, " but we're not sure which way to go." Access Direct spruces up and then sells used computer equipment for corporations. It is looking for up to $2 million in order to expand. "Venture capitalists, individual investors, or banks," says Bernstein, who owns the company with four partners, "we've thought about them all."

What is your impression of Bernstein's perspective on raising capital to "get to the next level"?

What advice would you offer Bernstein as to both appropriate and inappropriate sources of financing in his situation?

Reference no: EM131035884

Questions Cloud

Identify a form of gambling at each extreme point : According to Delfabbro (2009) games of chance can be classified across four dimensions. Explain one of these dimensions and identify a form of gambling at each extreme point of this dimension.
Determine the composition of the vapor phase : determine the composition of the vapor phase of this mixture. Saturation pressure of NH3 at 30°C is 1167.4 kPa.
How do you relate to the people in the stories you chose : Using an interpersonal approach to therapy, provide some insights or techniques that could be used to approach Tim's problem. Do you feel that interpersonal therapy is the best approach to take to addressing Tim's problems? Provide an explanation..
Money market or capital market securities : Indicate whether the following instruments are examples of money market or capital market securities.a. U.S. Treasury bills
What is your impression of bernsteins perspective : What is your impression of Bernstein's perspective on raising capital to "get to the next level"? What advice would you offer Bernstein as to both appropriate and inappropriate sources of financing in his situation?
Operating activities section of statement of cash ?ows : For each transaction above, (a) prepare the journal entry, and (b) indicate how it would affect the statement of cash ?ows using the indirect method.
Journal entry to record the issuance of the bonds : Prepare the journal entry to record depletion expense. Assume that the 100,000 tons of ore were mined, but only 80,000 units were sold. How are the costs applicable to the 20,000 unsold units reported?
Determine the rate of heat supply needed during this process : Water vapor (H2O) is heated during a steady-flow process at 1 atm from 298 to 3000 K at a rate of 0.2 kg/min. Determine the rate of heat supply needed during this process, assuming
Write a research paper about chinas cultural etiquette : Write a research paper about Chinas cultural etiquette. Description of the relationship between your topic and the core values of community and/or personal development.

Reviews

Write a Review

Corporate Finance Questions & Answers

  What considerations are made when calculating tvm

How do you explain the use of time value of money (TVM) in business? What considerations are made when calculating TVM? How may you use TVM to create your own, or someone else's, retirement plan

  Determine the characteristics of an efficient portfolio

Determine the characteristics of an efficient portfolio and explain how are a portfolio's return and standard deviation determined?

  What is the incremental profit

What is the incremental profit - The firm has tax loss carryforwards that render its tax rate zero, its cost of equity is 16%, and it uses no debt.

  Nbspnbspnbspnbspnbspnbspnbspnbspnbsp

nbspnbspnbspnbspnbspnbspnbspnbspnbsp

  Return and the standard deviation of portfolio returns

Based on the annual portfolio returns, calculate the expected (average) portfolio return and the standard deviation of portfolio returns.

  What is the maximum loan vance

What is the maximum loan Vance could take from this qualified plan, assuming the plan permitted loans?

  Find the amount invested in each of the two companies

Find the amount invested in each of the two companies and find the standard deviation of this portfolio's returns

  Compare ratios to industry standard calculations

Compare these ratios to industry standard calculations. Also try to identify major changes in the company's balance sheet and income statement from one year to the next to identify trends in the company's health.

  1 1200 is deposited today into an account paying 6 interest

1 1200 is deposited today into an account paying 6 interest compounded semiannually. how much interest will have been

  Prepare a memo for the human resources manager

Prepare a memo for the Human Resources Manager and List four specific items relating to bereavement leave that will have to be addressed in the policy to ensure compliance with the standards in each jurisdiction.

  Explain thoroughly how stock portfolios affect the risk

Explain thoroughly how stock portfolios affect the risk to an investor - cause the future value of an annuity to decrease?

  Compute the payback period for each of these two separate

Compute the payback period for each of these two separate investments (round the payback period to two decimals):

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd