This preview has intentionally blurred sections. Sign up to view the full version.View Full Document
Unformatted text preview: Internal Management- are they compotent managers Marketing Operations Financials Do they really need the 70k Forecasting Income statement B/S-assets Liabilities Equity "PLUG" Days in A/P =AP/(CGS/365) or A/P/(Purchases/365) 75=A/P/(Purchases/365) Purchases =CGS+ end inv-beg inv 1332=1200+400-268 Financing Gap Calculated in Excel= 56k Company does not need 70k but rather 56k="PLUG" Financing is necessary because the company is growing and there is a financing gap...
View Full Document
This note was uploaded on 05/23/2011 for the course BUSI 408 taught by Professor Croce during the Fall '08 term at UNC.
- Fall '08
- Corporate Finance