Question
Daisy Cakes website on YouTube: https://www.youtube.com/watch?v=AVM-RuLh2KI Daisy Cakes is looking for financing from the sharks to expand her business. You will realize that Kim, the
Daisy Cakes website on YouTube: https://www.youtube.com/watch?v=AVM-RuLh2KI Daisy Cakes is looking for financing from the sharks to expand her business. You will realize that Kim, the founder of Daisy Cakes, receives a different financing deal than she initially envisioned. Please walk me through the accounting mechanics of the financing deal Daisy Cakes agreed to. When watching the video, please answer the following questions, using the attached SharkTank-DaisyCakes.xls file. You can also watch the video here if you can't view it on YouTube: http://sharktankclips.com/season-2-episode-5-daisy-cakes/ 1. How much money did Kim get from the deal? 2. What is the value of the business? 3. Calculate the company's annual sales, earnings, PM, P/E, P/S, P/B, and D/E ratios. 4. "Guesstimate" the company's I/S. 5. "Guesstimate" the company's B/S. 6. What is the ACTUAL value of the business?
Step by Step Solution
There are 3 Steps involved in it
Step: 1
Here is my analysis of the financing deal between Daisy Cakes and the Sharks based on the video 1 Ho...Get Instant Access to Expert-Tailored Solutions
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Step: 2
Step: 3
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