Define explain the terms below NET CASH BUILDI BURN RATE SURVIVAL BREAKEVEN INTERNALLY GENERATED FUNDING Explain the relationship between the Operating Breakeven (BE) point and the Degree of Operating Leverage (DOL) in a start-up's Financial Model. How do BE and DOL relate to the success or failure of a new venture? the shortcomingslimitations of the Venture Opportunity Screening (VOS) Model discussed in class. How did we say the Model could be modified (adapted) to make it more useful to entrepreneurs and prospective investors? Short Answer Question Discuss the shortcomingslimitations of the Additional Funding Needed (AFN) fomula approach to financial forecasting discussed in class. How did we say AFN is often modified to make it more efficient as a tool to predict operating asset requirement? Explain how the Survival Breakeven calculation has particular application to a start-up business. Define/explain the tems below. Responses are limited to the space provided. COMBINED LEVERAGE (CL) FACTOR OPERATING (EBIT BREAKEVEN FINANCIAL FORECASTING FOR START-UPS the shortoomings/limitations of the Venture Opportunity Screening (VOS) Model discussed in class. How did we say the Model could be modified (adapted) to make it more useful to entrepreneurs and prospective investors? Short Answer Question Discuss the similarities and differences in the Timmons VOSE and the VOS venture screening methods discussed in class. Comment on the strengths and weaknesses of the models and briefly discuss which method you prefer and why Short Answer Qnestion Identify the most common categories for which early phase funding is needed in a start-up company. Which category do you think is most important and WHY Identify any categories for which funding may be delayed and describe the impact of a delay on company operations and value Short Answer Question Explain the relationship between the financial accounting Statement of Cash Flows and the Cash Build/Cash Burn calculation? Which calculation provides the more useful (and manageable) financial information for entrepreneurs and investors in start-up