1. Prepare three-year projections for income, expenses, and sources of funds.

- Make realistic assumptions.
- Allow for funding changes at different stages of your companyÂ's growth.
- Present a written rationale for your projections.

2. Indicate your startup costs.
- Detail how startup funds will be used to advance your proposed business
- List current capital and any other sources of funding you may have.
- Document your calculations.
- Use reasonable estimates and/or actual data (where possible).

3. Create a cash-flow statement.

$97,000 will allocated for business operation

$75,000 start up capital

$100,000 guarantee loan,

$150,000 grant from the state government for new printers

Assume the United States has a potential GDP of approximately $18 trillion. Use economic indicators from the last eight quarters (two years) to make a determination about the state of the economy, whether the U.S is in a recession, expansion or macroeconomic equilibrium. You must explain and support your answer with information you have researched and learned during the semester. Any research that is used must be cited in the paper. This information should include the following:

Real GDP


Unemployment rate


Labor Force Participation rate

Inflation rate

The goals of this class are to insure that you have learned the following Student Learning Outcomes (SLOs). Please explain what you did in this class that would demonstrate what you have learned.

Use complete sentences, checked for grammar and spelling. About a half page of double-spaced (12 pt) narrative per item is sufficient. Start each section with the number and SLO listed as follows:

Use current technology such as the internet to research information, integrate data, and compose specialized documents used by management for decision making and problem solving.

Use software tools (e.g., Microsoft Word, Excel, and PowerPoint) to produce, edit, and revise professional quality business communications (e.g., letters, memos, presentations, and emails) that address a variety of business situations.

Differentiate the purpose for various communication channels, identify the components of the communication process, and explain the associated barriers to effective listening.

Prepare a business report that integrates data from multiple sources and tools to illustrate and emphasize key information.

Create and deliver virtual presentations using technology and visual support tools and material.

Key terms: Strategic Alliances, Build-Borrow-or-buy Framework, Cost Leadership, Focus Cost Leadership, Blue-Ocean Strategy

Your business is a tech company that sells new tech to 3 markets: U.S., Europe and Asia. Using the 5 key terms above explain in detail how you would apply these concepts in your business strategy? And how can you use these concepts in developing a strategy in your future workplaces?

A roulette wheel has 38 slots, 18 of which are black, 18 red, and 2 green. When the wheel is spun, the ball is equally likely to land in any of the 38 slots. Gamblers can place a number of different bets in roulette. One of the simplest wagers chooses red or black. A bet of $1 on red will pay off an additional dollar if the ball lands in a red slot. Otherwise, the player loses the original dollar. When gamblers bet on red or black, the two green slot belong to the house.

a. A gambler’s winnings on a $1 bet are either $1 or -$1. Give the probabilities of each of these outcomes. Find the mean and standard deviation of a gambler’s winnings on one such bet.

b. Explain briefly what the law of large numbers tells us about what will happen in the long run if the gambler makes a very large number of bets on red.

c. The central limit theorem tells us the approximate distribution of the gambler’s mean winnings in 50 bets. What is this distribution? Be sure to specify the values of all necessary parameters.

d. If a gambler makes 50 bets on red, find a range into which there is roughly a 95% chance that the gambler’s mean winnings will fall. Multiply this result by 50 to get the middle 95% of the distribution of the gambler’s winnings on nights when he places 50 bets.

e. What is the probability that the gambler will win money if he places 50 bets on red? (This is simply the probability that the mean winnings are greater than 0.)

f. The casino takes the other side of these bets. If 100,000 bets are placed on red in a week at the casino, what is the distribution of the mean winnings of gamblers on these 100,000 bets? What range covers the middle 95% of the distribution of mean winnings in 100,000 bets? Multiply by 100,000 to get the range of gambler’s losses. What is the approximate probability that the casino will lose money on 100,000 bets?

(Note that the gamblers’ losses are the casino’s winnings. Parts (d) and (e) indicate that an individual gambler has a pretty decent chance of winning money on any given night – which creates excitement and keeps people gambling. However, part (f) indicates that in the long run, the casino essentially always wins.)

Bob is a recent law school graduate who intends to take the state bar exam. According to the National Conference on Bar Examiners, about 55% of all people who take the state bar exam pass. Let n = 1, 2, 3, ... represent the number of times a person takes the bar exam until the first pass.

(a) Write out a formula for the probability distribution of the random variable n. (Use p and n in your answer.)
P(n) =

(b) What is the probability that Bob first passes the bar exam on the second try (n = 2)? (Use 3 decimal places.)


(c) What is the probability that Bob needs three attempts to pass the bar exam? (Use 3 decimal places.)


(d) What is the probability that Bob needs more than three attempts to pass the bar exam? (Use 3 decimal places.)


(e) What is the expected number of attempts at the state bar exam Bob must make for his (first) pass? Hint: Use μ for the geometric distribution and round.

Bob is a recent law school graduate who intends to take the state bar exam. According to the National Conference on Bar Examiners, about 55% of all people who take the state bar exam pass. Let n = 1, 2, 3, ... represent the number of times a person takes the bar exam until the first pass.

(a) Write out a formula for the probability distribution of the random variable n. (Use p and n in your answer.)
P(n) =

(b) What is the probability that Bob first passes the bar exam on the second try (n = 2)? (Use 3 decimal places.)


(c) What is the probability that Bob needs three attempts to pass the bar exam? (Use 3 decimal places.)


(d) What is the probability that Bob needs more than three attempts to pass the bar exam? (Use 3 decimal places.)


(e) What is the expected number of attempts at the state bar exam Bob must make for his (first) pass? Hint: Use μfor the geometric distribution and round.

Bob is a recent law school graduate who intends to take the state bar exam. According to the National Conference on Bar Examiners, about 48% of all people who take the state bar exam pass. Let n = 1, 2, 3, ... represent the number of times a person takes the bar exam until the first pass.

(a) Write out a formula for the probability distribution of the random variable n. (Use p and n in your answer.)
P(n) =  

(b) What is the probability that Bob first passes the bar exam on the second try (n = 2)? (Use 3 decimal places.)


(c) What is the probability that Bob needs three attempts to pass the bar exam? (Use 3 decimal places.)


(d) What is the probability that Bob needs more than three attempts to pass the bar exam? (Use 3 decimal places.)


(e) What is the expected number of attempts at the state bar exam Bob must make for his (first) pass? Hint: Use μ for the geometric distribution and round.

Scenario: You are a loan officer for White Sands Bank of Taos. Paul Jason, president of P. Jason Corporation, has just left your office. He is interested in an 8-year loan to expand the company's operations. The borrowed funds would be used to purchase new equipment. As evidence of the company's debt-worthiness, Jason provided you with facts (available in the attached Scenario Worksheet). Jason is a very insistent (some would say pushy) man. When you told him you would need additional information before making your decision, he acted offended and said, "What more could you possibly want to know?" You responded you would , at minimum, need complete, audited financial statements.

Develop a minimum 700-word examination of the financial statements and include the following: Explain why you would want the financial statements to be audited.

Discuss the implications of the ratios provided for the lending decision you are to make. That is, does the information paint a favorable picture?

Are these ratios relevant to the decision? State why or why not. Evaluate trends in the performance of P. Jason Corporation.

Identify each performance measure as favorable or unfavorable and explain the significance of each. List three other ratios you would want to calculate for P. Jason Corporation, and in your own words explain in detail why you would use each.

As the loan officer, what else would you do to gain a better understanding of Paul Jason's, and the Corporation's financial picture and why? Based on your analysis of P. Jason Corporation, will you recommend approval for the requested loan? Provide specific details to support your decision.

Scenario: You are a loan officer for White Sands Bank of Taos. Paul Jason, president of P. Jason Corporation, has just left your office. He is interested in an 8-year loan to expand the company's operations. The borrowed funds would be used to purchase new equipment. As evidence of the company's debt-worthiness, Jason provided you with facts (available in the attached Scenario Worksheet). Jason is a very insistent (some would say pushy) man. When you told him you would need additional information before making your decision, he acted offended and said, "What more could you possibly want to know?" You responded you would , at minimum, need complete, audited financial statements.

Develop a minimum 700-word examination of the financial statements and include the following:

• Explain why you would want the financial statements to be audited.
• Discuss the implications of the ratios provided for the lending decision you are to make. That is, does the information paint a favorable picture? Are these ratios relevant to the decision? State why or why not.
• Evaluate trends in the performance of P. Jason Corporation. Identify each performance measure as favorable or unfavorable and explain the significance of each.
• List three other ratios you would want to calculate for P. Jason Corporation, and in your own words explain in detail why you would use each.
• As the loan officer, what else would you do to gain a better understanding of Paul Jason's, and the Corporation's financial picture and why?
• Based on your analysis of P. Jason Corporation, will you recommend approval for the requested loan? Provide specific details to support your decision.