FIN 375 Week 5 Assignment Help | University Of Phoenix
- University of Phoenix / FIN 375
- 03 Dec 2019
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FIN 375 Week 5 Assignment Help | University Of Phoenix
Financial Plan
Purpose of Assignment
In this assignment, you will be evaluating a
cash budgeting scenario and developing a financial plan for a fictional
business.
Assignment Steps
Review the Cash Budgeting Scenario.
Calculate the cash budget using the Cash Budget Worksheet, and use the
Cash Budget Worksheet Answers to review your work.
Write a 700- to 1,050-word financial plan in which you complete the
following:
- Discuss
potential cash budget benefits and pitfalls for the business, including
how the budget supports the strategic goal of the business to increase
revenue by 10% annually.
- Outline
your expected business expenses (e.g. fixed and variable costs, marketing,
labor, operations, insurance) and sources of revenue (e.g. funding, sales
of products/services).
- Include
an income statement, balance sheet, and cash flow statement.
- Explain
how you will adjust your small business cash budget to manage
contingencies (such as emergencies and market shifts) as well as product
and distribution shifts.
- Compare
the differences between a cash budget and an operating budget, and explain
why both are beneficial.
- Explain
why a budget variance analysis is crucial for the operation of a business,
and discuss how often a budget variance analysis should be performed.
- Summarize
your findings/recommendations.
Question Attachments
4 attachments —