Topic: There is a common phrase in business: cash is king. %u201CCash flow is the life-blood of a company. Without it a company will fail (Hicks 2012). Yet
companies often have to take risks that could potentially jeopardize their cash flow (e.g. new projects growth capital budgeting etc.). Assume you are the
CFO of a struggling company. While you do have a positive cash flow it is minimal at best.
If something does not change soon the company will go under. Fortunately your product development team has just created a new product that will not only save
the company from financial demise but the product will revolutionize how the industry does business. The problem is that the product is still two years away
before it can be sold to the public and you will run out of cash within the next six months.
How would you propose obtaining the funds needed to keep the company alive and thriving for the next two years until you are able to see a return on the
product development and keep the stakeholders happy?Type your question here