Business Finance
BUS 402 Ashford University Personal Current Operating Budget Discussion

Bus 402

ashford university

BUS

Question Description

I don’t know how to handle this Accounting question and need guidance.

For this Interactive Assignment, you are going to look at the financial statements for the company you selected and, using the previous quarter’s financial data, interpret the data and propose a budget for the next Quarter based on your current and previous analysis of company performance. Complete the budget template using this Operating Budget Template:

  • List your current sales, discounts and allowances, net sales, margins, operating costs, and earning before and after taxes.
  • Choose a minimum of two financial ratios (below) and include in your analysis.
  • Prepare the next quarter’s budget based on your interpretation of past data.

Include at least two of the following types of relevant financial ratios in your analysis. Review the online article Analyze Investments Quickly With Ratios https://www.investopedia.com/articles/stocks/06/ra....(Elmerraji, 2017) to help with this portion of the budget:

  • Profitability Ratio
  • Liquidity Ratio
  • Solvency Ratio
  • Valuation Ratio
  • Leverage Ratio

Unformatted Attachment Preview

Etsy: Operating Budget Q1 Revenue [Prior Quarter] Budget Projection Next Q Var +/- Var % [Prior Quarter] Budget Projection Next Q Var +/- Var % [Prior Q] Proj. Q. Change Sales Revenue Interest Income Investment Income Other Income TOTAL INCOME Costs and Expenses Advertising Health Insurance Installation/Repair of Equipment Inventory Purchases Salaries Supplies Insurance Rent/Lease Payments Other Expenses TOTAL EXPENSES NET PROFIT/LOSS Net Earnings Before Taxes (Gain or Loss) Income Tax Expense Net Earnings After Taxes Ratio Analysis (Choose a minimum of two) Profitability Ratio Liquidity Ratio Solvency Ratio Valuation Ratio Leverage Ratio ...
Purchase answer to see full attachment
Student has agreed that all tutoring, explanations, and answers provided by the tutor will be used to help in the learning process and in accordance with Studypool's honor code & terms of service.

Final Answer

kindly confirm everything. in case of any explanation let me know

Running Head: OPERATING BUDGET

1

THE OPERATING BUDGET FOR ETSY COMPANY
Name:
Institution:
Date:

OPERATING BUDGET

2
Etsy: Operating Budget Q1 JAN 2020

[Prior Quarter]
Revenue
Market Place Revenue
Services Revenue
Net income
Other Income

TOTAL INCOME
Costs and Expenses
Accounts Payable
Accrued Expenses
Finance Lease Obligations
Funds Payable
Bad Debt Expenses
Stock Based Compensation
Expenses
Depreciation and Amortization
Expenses
Foreign Exchange Loss

Payment of Tax

Var %

$ 165, 649.03
$ 66,180.41
$ 17,392.64
$ 778

...

TutorJudithi (2665)
Carnegie Mellon University

Anonymous
The tutor was pretty knowledgeable, efficient and polite. Great service!

Anonymous
Heard about Studypool for a while and finally tried it. Glad I did caus this was really helpful.

Anonymous
Just what I needed… fantastic!

Studypool
4.7
Trustpilot
4.5
Sitejabber
4.4