write 2 pages analysis

User Generated

mbmb610

Business Finance

Description

look at Micheal Kors Financial Statement an fill the budget work sheet!

https://www.nasdaq.com/symbol/kors/financials?quer...

year 2016, 2017 and for the Forecasted Amounts, you have to estimate logically!

Then write a 2 pages analysis of what you did!

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Forecasted Amounts Company: Operating Budget (selected items) Sales Revenue Depreciation & Amortization Expense (non-cash) Net Income Capital Budget (capital purchases only) Capital Investments Cash Budget Net Income per above Add Back : Depreciation and Amortization (+) = Total cash from Operating Activity Less: Cash for Investing Activity (Cap Bdgt) (-) = Free Cash Flow Financing Activity: Dividend Payments (-) Debt or Equity to balance out cash flow Net Financing Activity = Total Projected Change in Cash Most Recent Year Amounts Prior Year Amounts Note: The totals you will show in columns D and E fields) will not agree to the historical Stm of Cash F totals since you are picking out selected items and ignoring many of the complexities in the Stm. You change in cash (line 22) will also, then, not match t company's historical totals unless you plug an amo line 20. For our purposes, that's OK. Our focus is s how the three budgets link together. ill show in columns D and E (blue the historical Stm of Cash Flow king out selected items and omplexities in the Stm. Your total ) will also, then, not match the tals unless you plug an amount in ses, that's OK. Our focus is seeing link together.
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Explanation & Answer

Attached.

ACCOUNTING
Operating budget
In the cash of cash from operating activities; cash from operating activities is actually the net cash influx
studied during the first section of the statement of the cash flow. Cash from operating activities usually
tends to focus on the cash inflows and that of outflows from a company’s major business activities that
involves selling and buying.
Cash from operating activities actually does not include the amount that is spent during the capital
expenditures like purchase of new facilities and equipment.
Cash from operating activities also does not include the amount that is used for the long term
investments and also for the amount received as a result of sale of long term assets.
Cash from operating activities also excludes the amount paid to the stakeho...


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