Watch the following video:
Watch this video about Mega Hair, a company that is going on “Shark Tank” to pitch their hair growth product. On 3/31/20xx, Mega Hair is jointly owned (50% each) by Jeff (Owner #1) and Violet (Owner #2).
Video Link: https://player.vimeo.com/video/263378400
(As you watch the video, collect the following quantitative data:)
A.) How does Mega Hair propose to use the cash if they receive an offer (what accounts will be impacted)?
B.) Offer 1 from Barbara:
C.) Offer 2 from Lori:
1.) Analyze/assess quantitative (numbers #) to help make the investment decision in order to better understand how each offer would generally (I know you do not have the full financial information yet) impact the financial statements of the organization initially and over time,
Example – an impact to the Income Statement could be increased sales, which will impact the revenue account. An impact to the Balance Sheet could be increased cash, which would impact the cash account. (Do not Reuse either of these examples)
2.) Consider qualitative information about investors and recommend which offer to accept (I know you do not have the full financial information yet).
Barbara Corcoran’s credits include straight D’s in high school and college and 20 jobs by the time she turned 23. It was her next job that would make her one of the most successful entrepreneurs in the country: She borrowed $1,000 and quit her job as a waitress to start a tiny real estate company in New York City. Over the next 25 years Barbara would transform that $1,000 loan into a $5 billion real estate business, building the largest and best-known brand in the business.
Lori Greiner started with one idea and turned it into a multi-million-dollar international brand. She is regarded as one of the most prolific inventors of retail products, having created over 500 products, and currently holds over 120 U.S. and international patents. Lori can tell instantly if a product is a “hero or a zero,” and this is clearly shown through her many thriving investments and a 90% success rate on her new items launched. She’s also well known for her impeccable negotiating skills and her uncanny ability to know and identify emerging brands and invest in them.
Based on the information above and after watching the video which offer is best to choose and answer the questions below:
We value our customers and so we ensure that what we do is 100% original..
With us you are guaranteed of quality work done by our qualified experts.Your information and everything that you do with us is kept completely confidential.
You have to be 100% sure of the quality of your product to give a money-back guarantee. This describes us perfectly. Make sure that this guarantee is totally transparent.Read more
The Product ordered is guaranteed to be original. Orders are checked by the most advanced anti-plagiarism software in the market to assure that the Product is 100% original. The Company has a zero tolerance policy for plagiarism.Read more
The Free Revision policy is a courtesy service that the Company provides to help ensure Customer’s total satisfaction with the completed Order. To receive free revision the Company requires that the Customer provide the request within fourteen (14) days from the first completion date and within a period of thirty (30) days for dissertations.Read more
The Company is committed to protect the privacy of the Customer and it will never resell or share any of Customer’s personal information, including credit card data, with any third party. All the online transactions are processed through the secure and reliable online payment systems.Read more
By placing an order with us, you agree to the service we provide. We will endear to do all that it takes to deliver a comprehensive paper as per your requirements. We also count on your cooperation to ensure that we deliver on this mandate.Read more