Asked by Logan perry on May 18, 2024
Verified
What are the three vital corollaries determining the external financing requirement of a venture?
External Financing Requirement
A measure of how much financing a company needs to sustain and grow its operations, typically sourced from outside the company, such as loans or equity investments.
- Comprehend the elements and computations required to assess the financial requirements and well-being of a business endeavor.
- Comprehend the fundamentals of entrepreneurial finance, particularly the inclination towards receiving cash earlier rather than later.
Verified Answer
MV
Maxine VincentMay 21, 2024
Final Answer :
The three vital corollaries are the burn rate,fume date that the company runs out of money,and time to clear,or how long it takes to close financing and have the check clear.
Learning Objectives
- Comprehend the elements and computations required to assess the financial requirements and well-being of a business endeavor.
- Comprehend the fundamentals of entrepreneurial finance, particularly the inclination towards receiving cash earlier rather than later.
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