BSG 507 Prepare a statement of cash flows (using the indirect method) for the Midland Manufacturing Corporation for the year ending December 2010, based on the following comparative balance sheets. Midland Manufacturing Corporation Comparative Balance Sheets (in Millions of Dollars)* December 31, December31, 2009 2010 Assets Current assets: Cash $ 4.9 $ 0.8 Accounts receivable, net 7.2
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part of the normal course of business. Pro Forma Profit Loss Sales Expenses Total Operating Expenses Net Profit / Sales 7.4 Projected Cash Flow We anticipate borrowing money in November to cover shoe display inventory purchase and other expenses. Cash Balance Pro Forma Cash Flow Cash Received Subtotal Cash from Operations Subtotal Cash Received Subtotal Spent on Operations Subtotal Cash Spent Net Cash Flow 7.5 Projected Balance Sheet Pro Forma Balance Sheet Assets Total Current
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**Additional References for Business Plan Writing** Industry Analysis Industry analysis is business research that focuses on the potential of an industry. An industry is a group of firms producing a similar product or service, such as music, fitness drinks, or electronic games. Once it is determined that a new venture is feasible in regard to the industry and market in which it will compete, a more in-depth analysis is needed to learn the ins-and-outs of the industry the firm plans to enter
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Describe How to Compile an Operating Budget Calisse R. Browne Regis University Abstract This paper describes how to compile an operational budget from the article “Hospital Nursing Costs, Billing, and Reimbursement” including the relationship of the budget to the four major financial statements and GAAP principles. Compile an Operational Budget from the article “Hospital Nursing Costs, Billing, and Reimbursement” An operational budget for a hospital nursing department forecasts this unit’s
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Supply Chain (QRT2) Task 1 Western Governors University Sherry Houle Simulation Company Documents A1 - Final Cumulative Balanced Scorecard Cumulative industry results for last four quarters ending in quarter: 4 | | Minimum | Maximum | Average | Blue Rose Computers | Total Overall | 0.00 | 749.39 | 12.08 | 22.98 | Financial Performance | -73.50 | 211.50 | 9.96 | 41.03 | Market Performance | 0.00 | 0.65 | 0.12 | 0.53 | Marketing Effectiveness | 0.00 | 0.82 | 0.25 |
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unauthorized aid on this academic work.” Houston, TX July 20, 2015 Texas A&M University Analytics Program Case Analysis | Pack-Its 1. A monthly cash budget from August 2008 through July 2009. Cash budget Beginning cash Cash collections Cash available Disbursements: Asset Outflows Owner Withdrawals Cost of Goods Sold Operating expenses Ending cash Aug-08 $ 25,000 $ $ 25,000 Sep-08 $ $ 23,598 $ 23,598 Oct-08 $ 1,123 $ 58,996 $ 60,119 Nov-08 $ 14,888 $ 47,197 $ 62,085 $ $ $ Dec-08 24,439 35
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View the video in full screen at 720p for best results. Competencies This course provides guidance to help you demonstrate the following 10 competencies: * Competency 326.1.5: Budgets The graduate utilizes budgets and a variety of pro-forma statements for planning and control purposes including analyzing cash flows to assure adequacy of funds for capitalizing on business opportunities. * Competency 327.3.1: Continuous Improvement and Quality Management The graduate applies quality management
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times. Budgets and pro-forma statements can be very influential in determining the amount of a product that should be made, and also in determining potential locations to be opened for sales offices. There are many costs associated with beginning a business and allocating capital to the proper areas could potentially be the most significant financial decision that is made. Budgets work by forecasting the amount of capital that is available and is directly allocated to a specific area. Pro-forma
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competitive in business, implement a sensitive analysis to evaluate possible alternatives, determine the optimal weighted average cost of capital, discuss the use of multiple valuation in reducing risks, and calculate the net present value of future cash flows for each alternative. Analysis of Different Alternatives The company faces three possible alternatives to remain in business. The First alternative would be to distribute the furniture he sells at rock bottom prices against his new competition
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Guillermo Furniture Store Analysis Guillermo is properly positioned and ready to compete. The technology-infused manufacturing alternative gives him the ability to maintain a competitive edge. After examining the business with a cash flow and the problems that confronted it, a five member management team determined the best course of action going forward. Some businesses are proactive while others are reactive. The financial management team took a reactive approach because Guillermo
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