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

  Prepare a profit variance analysis for sell inc

Sell, Inc., is a marketing consulting firm that earns revenues by billing clients for hours worked. Prepare a profit variance analysis for Sell,  Inc.

  What are the firms earnings before interest and taxes

If ABC, Inc. has $650,000 in sales and $230,000 in expenses, what are the firm's earnings before interest and taxes (EBIT)? What is the degree of operating leverage at 2,000 units?

  Show the effect of the following transactions relating to

show the effect of the following transactions relating to whyme ltd on the accounting equation. note using the

  The pound spot rate is pound100180 and the 1-year forward

the pound spot rate is pound1.001.80 and the 1-year forward rate is also pound1.001.80. you expect the spot poundus

  Calculate free cash flow using ebit

Calculate cash flow provided by operating activities, calculate free cash flow using CFO and calculate free cash flow using EBIT

  The following is the balance sheet of x ltd as at 30 june

the following is the balance sheet of x ltd. as at 30 june 2010liabilitiesassetsissued sharesundry

  Describe the characteristics of restlifes portfolio

Describe the characteristics of RestLife's portfolio, including the portfolio's exposures - Describe in details the pros/cons associated with alternative ways through which RestLife can gain the desired exposure

  What is matts breakeven price on the option

What is Matt's breakeven price on the option purchased in part and what is Matt's gross profit and net profit (including premium) if the ending spot rate is $0.6600/AUD?

  From a parent companys point of view compute the year-1

from a parent companys point of view compute the year-1 free cash flow in us for this us-based mne with the following

  Corporate return

Corporate Return

  Explain what indicators would you look at to assess

Explain what indicators would you look at to assess whether your firm's long-term assets were impaired

  Determine the expected monthly return

Determine the expected monthly return for each stock if they follow their historical returns and determine the monthly volatility of each stock if they continue as per this sample.

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