Finance - Theproper Theproper managementof cashincludes...

Info icon This preview shows pages 1–19. Sign up to view the full content.

View Full Document Right Arrow Icon
Introduction to Finance Introduction to Finance
Image of page 1

Info iconThis preview has intentionally blurred sections. Sign up to view the full version.

View Full Document Right Arrow Icon
Cash is an asset just like inventory  Cash is an asset just like inventory  and equipment for a business and equipment for a business
Image of page 2
The proper  The proper  management of  management of  cash includes  cash includes  ensuring you  ensuring you  have enough to  have enough to  cover your  cover your  company’s  company’s  needs, but not  needs, but not  too much to  too much to  reduce the  reduce the  growth in the  growth in the  value of your  value of your  company company
Image of page 3

Info iconThis preview has intentionally blurred sections. Sign up to view the full version.

View Full Document Right Arrow Icon
Finance Role of  Finance
Image of page 4
The market  The market  price for  price for  homes fell  homes fell  up  to 35% up  to 35%
Image of page 5

Info iconThis preview has intentionally blurred sections. Sign up to view the full version.

View Full Document Right Arrow Icon
$250,000 - $25,000 $225,000
Image of page 6
35% 35% $162,500 $162,500
Image of page 7

Info iconThis preview has intentionally blurred sections. Sign up to view the full version.

View Full Document Right Arrow Icon
Finance Financia Plannin g Need for  Operatin g Funds Short- Term  Financin g Long- Term  Financin g Role of  Finance
Image of page 8
Image of page 9

Info iconThis preview has intentionally blurred sections. Sign up to view the full version.

View Full Document Right Arrow Icon
How can a  profitable  company be  forced to  close their  doors? Accounts  receivabl e Inventory
Image of page 10
Let’s discuss an issue! Let’s discuss an issue!
Image of page 11

Info iconThis preview has intentionally blurred sections. Sign up to view the full version.

View Full Document Right Arrow Icon
Access the  Access the  following  following  reports from  reports from  Mike’s Bikes Mike’s Bikes Found under the Industry Reports menu Industry Benchmark Found under the Product Marketing Menu Market Summary Found under the Operations Management  menu Operations Report and the Factory Report
Image of page 12
Industry  Benchmar k Report Market  Summary Income  Statement Balance  Sheet Cash  Flow  Statement Reports to  focus on:
Image of page 13

Info iconThis preview has intentionally blurred sections. Sign up to view the full version.

View Full Document Right Arrow Icon
Access the link in this  Access the link in this  module called “Results  module called “Results  from Rollover 3” to  from Rollover 3” to  review a rank order of  review a rank order of  the shareholder values  the shareholder values  for all teams in the  for all teams in the  class class
Image of page 14
Review the  Year Ahead  and  Scenario  information Revisit  firm’s  specific  strategy and  tactics
Image of page 15

Info iconThis preview has intentionally blurred sections. Sign up to view the full version.

View Full Document Right Arrow Icon
Issues to be  considered: keep, abandon or update your  current model of mountain bike  considering the financial  consequences associated with the  liquidation of existing inventory if  you abandon this line of bikes and  the one-time cost if you add a new  model, along with capacity issues of  your plant in conjunction with  advertising and distributor support add a new line of bike, either road or  youth again considering the financial  consequences strategy with regards to the current  capacity and efficiency of your plant  given your plans regarding new  models or lines and excess capacity  with your one line of mountain bikes strategy regarding repurchasing  shares and paying dividends
Image of page 16
Review the  Year Ahead  and  Scenario  information Revisit  firm’s  specific  strategy and  tactics Communica te and make  specific  decisions
Image of page 17

Info iconThis preview has intentionally blurred sections. Sign up to view the full version.

View Full Document Right Arrow Icon
New  decisions  to make  with  regards to: new model  and/or line shareholde rs
Image of page 18
Image of page 19
This is the end of the preview. Sign up to access the rest of the document.

{[ snackBarMessage ]}

What students are saying

  • Left Quote Icon

    As a current student on this bumpy collegiate pathway, I stumbled upon Course Hero, where I can find study resources for nearly all my courses, get online help from tutors 24/7, and even share my old projects, papers, and lecture notes with other students.

    Student Picture

    Kiran Temple University Fox School of Business ‘17, Course Hero Intern

  • Left Quote Icon

    I cannot even describe how much Course Hero helped me this summer. It’s truly become something I can always rely on and help me. In the end, I was not only able to survive summer classes, but I was able to thrive thanks to Course Hero.

    Student Picture

    Dana University of Pennsylvania ‘17, Course Hero Intern

  • Left Quote Icon

    The ability to access any university’s resources through Course Hero proved invaluable in my case. I was behind on Tulane coursework and actually used UCLA’s materials to help me move forward and get everything together on time.

    Student Picture

    Jill Tulane University ‘16, Course Hero Intern