Business Finance


 

Assignment Details

Cash is King!

Good money superintendence is an innate job of the financial manager! You own a slight auto sales vocation designated King Kars. You fund up on list in February, April, June, and September. Your annual money budget indicates that your MONTHLY NET CASH for the year get be the following:

JAN  $5,000
FEB  -$30,000
MAR  $20,000
APRIL -$35,000
MAY  $25,000
JUNE  -$10,000
JULY  $25,000
AUG   $25,000
SEPT  -$30,000
OCT  $15,000
NOV  $15,000
DEC  $25,000

You commence the year delay a money adjust of $50,000, and the insufficiency money adjust desired must be $50,000 integral month. Prepare a money career epitome and outer financing epitome as glorious in the Excel spreadsheet assigned to this dependence. 

  1. Do you purpose that the community needs beyond financing? 
  2. What is the insufficiency course of reputation to entreat from a lender? 
  3. Do you purpose you are a amiable petitioner for the course of reputation? Why? 

Please suggest the Excel template beneath, saved beneath your designate, delay the columns and rows completed delay the money careers. Also in this template, you must include  the answers to questions 2 and 3 in the assignment.