Please solve the items in yellow. All items in yellow need to be completed. 5 I

Please solve the items in yellow.

 

All items in yellow need to be completed.
 

 

 

 

 

 

Transcribed Image Text:

5 I . 1 2 im 4 5 5 7 B SCENARIO & REQUIREMENTS SCENARIO: You have invented the first maintenance-free jet wax called "Jetwax 100." Jetwax 100 can last up to 1 year on any plane surface. In order to start your business, Clean Jet Products, you have invested all of your savings, the savings of your parents, and the savings of some of your friends. Three years have passed since you began selling the engines primarily to small aviation companies that operate single-engine planes, but now the big aviation companies are requesting your products. Sadly, you are already operating at full capacity. There is a need to switch from small-and-medium sized companies to big commercial corporations, but this would require a large infusion of funding. Space, equipment, employees, etc., all need to be increased. You applied to the TV show Shark Tank-where entrepreneurs compete for funding from angel investors (or "sharks")-to see if a shark would invest in your business and also serve as a mentor. It was a pleasant surprise to discover that you had been accepted to the show! After preparing most of your marketing and sales pitches, it is time to prepare your forecasted financial statements. Your objective is to convince the sharks that investing in your business would be very profitable. In addition, you need to decide how much ownership you're willing to give up in exchange for funding. 5 I . 1 2 im 4 5 5 7 B SCENARIO & REQUIREMENTS SCENARIO: You have invented the first maintenance-free jet wax called "Jetwax 100." Jetwax 100 can last up to 1 year on any plane surface. In order to start your business, Clean Jet Products, you have invested all of your savings, the savings of your parents, and the savings of some of your friends. Three years have passed since you began selling the engines primarily to small aviation companies that operate single-engine planes, but now the big aviation companies are requesting your products. Sadly, you are already operating at full capacity. There is a need to switch from small-and-medium sized companies to big commercial corporations, but this would require a large infusion of funding. Space, equipment, employees, etc., all need to be increased. You applied to the TV show Shark Tank-where entrepreneurs compete for funding from angel investors (or "sharks")-to see if a shark would invest in your business and also serve as a mentor. It was a pleasant surprise to discover that you had been accepted to the show! After preparing most of your marketing and sales pitches, it is time to prepare your forecasted financial statements. Your objective is to convince the sharks that investing in your business would be very profitable. In addition, you need to decide how much ownership you're willing to give up in exchange for funding.