How much additional funding does d-evac require to support

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Reference no: EM133911402

Problem

D-Evac, is a start-up that manufactures and distributes emergency-response drones. D-Evac is about to sign a new contract that will take monthly drone sales from 6 to 14. The following cash flow data refers to the manufacturing and collection of one drone:

Month 1: pay inputs for $8,000
Months 2 and 3: pay manufacturing costs for $14,000 each month (total $28,000)
Month 3: Deliver the drone and collect a first payment of $36,000
Month 6: Collect final payment of $108,000. Get the instant assignment help.

How much additional funding does D-Evac require to support the first six-months of operations after signing the new contract?

Reference no: EM133911402

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