BUS650 Managerial Finance - George's Team Case Study - Wk3 Assignment 3

May 22nd, 2016
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Bus650 - George's Case Study Working Capital Wk 3 Assignment 3

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RUNNING HEAD: GEORGES MODEL TRAINSGeorges Model Trains Capital Budgeting AnalysisBUS650Instructor:May 22, 20161Georges Model2Georges Model Trains Capital Budgeting AnalysisGeorge's Trains was established in 1962, it is one of the leading conventional storesfor model trains in North America. The company focuses mostly on model trains and do nothave many other types of collectibles or model photo-type items. The company consists ofhobby shops with a local store with an online present to sale and service model trains.George's Train concentrates solely on the sales, repair, and exchanges of all brands of modeltrains including their layouts, dcor and accessories. The company is also a family ownedand operated business that functions under the customary values of honesty, fairness, andintegrity. Georges working capital approaches for his business practices are to make certainthat he constantly has merchandise in stock at all times, conversely; there are limited suppliesavailable in the companys slow seasons in order to preserve the companys cash flow.The methods that Georges Trains currently uses to run their business is to enable thebanks trust while keeping ample cash-flow to pay the company bills and keep the businessrunning effectively. This is a really wise decision and afforded the company not to have highcash flow tied up in slow-moving inventory. It is widely accepted that the capital budgetingprocess invo

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