WEEK 9 HOMEWORK
There is 1 discussion question and 2 problems for this assignment, (P1 has 2 parts to that question). Please answer the discussion question and both problems in your own words and PLEASE…NO PLAGERISIM!
Suppose you need $1 million dollars to start your Dream Business. Research ways to get the money for such a business. Compare two (2) sources of financing you might obtain. (e.g., Small Business Administration (SBA), private investors, private loans, personal assets, and / or personal credit cards.) Identify the risks and benefits of your two (2) choices.
P1. Pretty Lady Cosmetic Products has an average production process time of 40 days. Finished goods are kept on hand for an average of 15 days before they are sold. Accounts receivable are….