Q3. Based on your analysis from question 2 which product or products would you recommend Photonics launch if Photonics has access to only $80 million dollars of funding to support capital equipment purchases and one-time marketing expenses? Assume that initial inventory purchases (Cost of Goods Sold), overhead expenses, and other capital working capital requirements will be funded through internally generated cash derived from operating profits.

urrent Year Balance Sheet ($'s in Millions) Assets Cash 10,000 A/R 20,000 Inventory 12,000 Total Current Assets 42,000 Property, Plant, & Equipment 250,000 Accumulated Depreciation (30,000) Total Fixed Assets 220,000 Total Assets 262,000 Liabilities A/P 8,000 Short Term Loan 1,000 Total Short Term Liabilities 9,000 Long Term Debt 80,000 Total Liabilities 89,000 Shareholder Equity Common Stock 150,000 Retained Earnings 23,000 Total Shareholder Equity 173,000 Total Liability and Shareholder Equity 262,000 -