Description
You must choose four questions from ‘Discussion Questions’ for chapter 6 or 7 and four questions from ‘Discussion Questions’ for chapter 8.
make sure why you choosed the particular question.
- Cover slide (Chapters covered and your name)
- One slide per question – with brief high level answer on slide (at least 10 slides)
- Make sure why that answer was chosen. – you must elaborate.
- Closing slide/Thank you
Text Book: Foundations of Financial Management Block,, 16
Explanation & Answer
The final answer has already been uploaded.
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When sales are rapidly expanding, there will be an
inevitable buildup of assets need for supporting the
supporting the growth.
In particular, there will be a permanent need of more
current assets to bankroll the sales operations.
For instance, it will be necessary to have current assets in
non-liquidating aggregate stock to allow floor displays,
variety of selections, and so on.
All these investment in “assets” will undeniably drain the
firm’s cash resources.
This answer was chosen because it entails two important
aspects of a business i.e. sales and assets.
A cash budget is helpful in the minimization of current
assets by forecasting cash inflows and outflows.
It also encourages a schedule to be developed on inventory
production and how its maintained for sales, and collection
of accounts receivables.
The level of current assets can be forecas...
