Accounting 201B Fall 2017 SHARK TANK WRITTEN ASSIGNMENT - Episode Recap Template Complete length: 2 to 4 pages, full sentences, no bullets, proofread for all errors

A. SHARK TANK EPISODE INFORMATION

Episode (YouTube link): ENTREPRENEUR: Name the Entrepreneur(s):

PRODUCT NAME: What is the name of the company/product?

PITCH: Why does America NEED this product or service?

ASKING FOR: $ FOR % STAKE IN CO. B. ACCOUNTING DETAILS:

RECENT SALES (TIME PERIOD: ____): __________

VARIABLE AND FIXED EXPENSES (separate): ______________

NET OPERATING INCOME (Stated or Calculated by you): ___________

PROJECTED SALES (TIME PERIOD: _____): _________

PROJECTED NET INCOME (Stated or Calculated by you): _________

PRODUCTION VARIANCES NOTED OR IDENTIFIED:

What do the Sharks identify during the episode? Do you agree?

C. BEST PART OF THE PITCH: What do the entrepreneurs say/do to spark the Sharks interest?

D. THE SHARKS BITE WHEN: What do the entrepreneurs say/do that prompts the first offer?

E. RESULT: IS A DEAL MADE-YES OR NO? IF SO, WITH WHOM AND WHAT IS THE FINAL DEAL? (Give the parameters of the deal that was made. If no deal was made, what did the Sharks use as the excuse for not investing?)

Xcraft mp4

Almond Water mp4

These are the two videos on the SharkTank