Solutions to Quiz Questions for Class # 4 - Products
Solutions to all quiz questions from Class # 4 - Products that require a financial model
This includes solutions to the following quiz questions. organized by lecture type:
Sales Reps Pricing Strategy: Q9
Modeling Online Marketing Strategy: Q5 and Q6
Calculating Online Revenue: Q3
Calculating Sales Reps Revenue: Q2-Q5
Modeling Wholesale Strategy: Q2, Q3, and Q7
Fixed Costs: Part 1: Q5-Q9, Part 2: Q10, Part 3: Q11
Fixed Assets: Q12-Q17
Working Capital: Q5-Q11
Funding Needs: Q2-Q15
Financial Summary: Part 1: Q6 and Q7, Part 2: Q9, Part 3: Q13
Lifetime value and Break-even: Q3 and Q4
Victoria Yampolsky, CFA, is President and Founder of The Startup Station, an educational and consulting company specializing in modeling and valuing early-stage ventures. Victoria helps early-stage founders master the necessary finance skills to evaluate the financial feasibility of their business models, translate them into comprehensive and actionable financial plans, and use those plans to gauge the effectiveness of their strategy. Since the launch of The Startup Station's educational program, more than 1,000 founders have completed the curriculum and learned the basics of financial modeling, valuation, and startup financing.
Victoria is an advisor to DreaMe, Opkix, and Stringflix, as well as a founder of several ventures in media and entertainment. Previously, Victoria worked for Deutsche Bank and was a technology consultant with CapGemini's Financial Services Division. Victoria holds a Bachelor's Degree, Cum Laude, in Computer Science, with a minor in Mathematics, from Cornell University and an MBA, with honors, from Columbia Business School. Victoria is also on the Advisory Board of the Computing and Information Science (CIS) Department of Cornell University.