FIN Unit 5 GP - Running head: UNIT 5 SHORT-TERM FINANCIAL...

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Running head: UNIT 5 – SHORT-TERM FINANCIAL MANAGEMENT DECISIONS Unit 5 – Short-Term Financial Management Decisions Financial Management: FIN410-1003A-07 Group Project Lorraine Huff, Cody J. Paul, Kirsten Uglum, Scarlett Davis July 11, 2010 American InterContinental University
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Unit 5 – Short-Term Financial Management Decisions Cyrus Brown is a very successful individual that is venturing into yet another chapter in his business career. Cyrus Brown Manufacturing (CBM) is the name of the company that he plans on starting in hopes to enhance his financial stability. The main thing that every new owner needs to keep in mind is the financials. The financials are what is going to ultimately make or break a business of any kind. One main aspect that Mr. Brown wants to develop is a cash budget for this goal that he has set for himself. A cash budget is defined by the Business Dictionary as “a financial plan that is a summary of estimated receipts (cash inflows) and payments (cash outflows) over a stated period (Cash Budget, 2010).” Based on the figures that have been provided for us we will prepare a cash budget for Mr. Brown which will allow him to view the estimated values and determine if he will need to borrow money for his new business.
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This note was uploaded on 01/18/2012 for the course FIN 456 taught by Professor Jinhall during the Spring '10 term at American InterContinental University.

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FIN Unit 5 GP - Running head: UNIT 5 SHORT-TERM FINANCIAL...

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