If Fundbox’s co-founders (Yuval Ariav, Eyal Shinar, and Tomer Michael) were to ask your advice about the importance of pro forma statements to their firm’s continuing success, what would you say to them? What pro forma statements would you recommend the co-founders develop and why?
Answer to relevant QuestionsInvestigate the financial ratio of inventory turnover. Find current information about Dell (www.hoovers.com is a good starting place) and report whether its inventory turnover is still as impressive as the number mentioned ...How does a firm compute its profit margin? What is the significance of this ratio? How valuable do you think online forums and Q&A sites, such as those mentioned in this feature, can be to someone who’s trying to learn the “business” aspect of starting a business? Who are the primary participants in a start-up’s new-venture team? How did the “liabilities of newness” affect Justin Gold as he attempted to formally launch his entrepreneurial venture?
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