The materials purchased by the company amounts to 50% of the sales for the month. The company pays for the purchases one month after the initial purchase. The company likes to maintain a cash balance of $5,000. The cost of borrowing is 10%. The company plans to pay off the loan whenever there is a surplus and borrow when there is a deficit.
The attached spreadsheet shows revenues (sales), expenses, capital expenditures, and other expenses for Precision Machines’ next six months. Using the information given on the spreadsheet, prepare a cash budget for January through June and determine the cash surplus, deficit, and the financing needs of the company.
Review the Learning Team Assignment due in Week 5.
Create an outline for the essay.
Develop a 700-word annotated bibliography using at least 3 resources.
Format your paper consistent with APA guidelines.
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FIN 370 Week 3 Risk and Return Analysis
Create a 1,050-word report, and include the following:
• Explain the relationship