Financial forecast generates worst negative cash position

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Your three-year financial forecast generates a worst negative cash position of negative $625,000. Uncle John has committed to investing $250K. Given that, and the following facts, how much additional capital (beyond Uncle John’s $250K) do you need to raise to begin spending the investors’ money? Uncle John is a lead investor Your unit size for this raise is $50,000 Your minimum close is $1 million Your maximum close is $1.5 million

Reference no: EM131182512

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