Tuesday, 13 October 2009

Saturday, 10 October 2009

comment on DRAGONS` DAN

The people who discoverd the product is asking for 80000 investment and it constitutes 15%of the shares,therefore we can calculate the total asset is 533333 which is quite enough.And the dragon who asked more,and entrepreneur promised 35% of the shares which might be 228571 and the quickest in the market,develop the market range,finally,got the offer.Another dragon who gives the 5% each year 5 years.
The entrepreneur is 19 years old who finished A-level,also had the experience doing export and import between China.

In my personal opinion,the idea is quite good,but I donnt think it has a market in China,even exporting products to China,on the one side,it might be less competitive compared to the similar products in China,and asking 80000 which is large amount of money,most of the retailers in UK such as WHSMITH prefer the products produced from China.

Thursday, 8 October 2009

Thursday, 1 October 2009

it helps me a lot!!!!!!!!!!!!!!!!!!!!!!!!!!!!FROM MICA


FORMULA ABOUT BALANCE SHEET

total asset:non-current asset+current asset
total liability:non-current liability+current liability
net asset:total asset-total liability
net value(net asset):non-current assets+working capital(net current asset)-non-current liability
capital employed:net assets+non-current liability
non-current assets+working capital/net current liability
total equity+non-current liability
current assets:inventory+receivables+cash and other cash equivalents
working capital:current asset-current liability
asset employed:net current assets+non-current asset=capital employed

assets=liabilities+equity
annual provision for depreciation=initial costs-residual value/expected lifetime

BALANCE SHEET