Create a pro formawhat areas of strength exist in company

Assignment Help Operation Management
Reference no: EM131706839

Considering your Cloud Ware Company, compare the November ending Profit and Loss Statement with the end of December Profit and Loss statement. This work should be done in Excel.

Compare the November Balance Sheet with the balance sheet as of December 31st. After analyzing the statements, answer the following questions: -

What is the financial situation of the company as of November 30?

Did the financial situation improve, remain the same, or start to decline through the month of December?

Compare the November Balance Sheet with the balance sheet as of December 31st. create a Pro FormaWhat areas of strength exist in the company? What are the company's weaknesses?

What are some areas where the company has opportunities for growth for the company's financial situation?

To help you justify the above answers, financial ratios should be calculated. At minimum, the following ratios should be calculated and used to support your arguments:

Debt to Equity Ratio (Total Liabilities/Equity) This ratio provides a look at how much the creditors have put into the company compared to how much the owners have put into the company.

Current Ratio (Current Assets/Current Liabilities) This provides a look at whether the business has enough current assets to pay their current liabilities.

Profit Margin (Net Income/Sales) This provides a measure of how much profit is earned on each dollar of sales.

You have decided to request a bank loan to expand your Cloud Ware business and the lender has asked for a one-year projection of revenue and expenses.

To request the loan, you will need to create a Pro Forma one year budgeted income statement broken down over 12 months. You will need to look at the actual ending financial statements for October, November, and December and use this data to help create the forecast for the next fiscal year of business.

Using financial ratios will be critical in supporting your argument for the loan and be aware that most bankers or lenders will not even consider a loan prospect without addressing, for example, the impact of additional debt on your debt to equity ratio.

ANY INFORMATION (numbers) that is missing or lacking just add to the balance sheets to do the assignment.

Attachment:- Balance Sheet.rar

Reference no: EM131706839

Questions Cloud

Define the legal definition of insanity has changed : Insanity is among the excuses recognized by law. However, throughout history the legal definition of insanity has changed
Objects to joining the union and paying union dues : McKelvie was hired as a production worker by Onondaga Pottery Works. The employer has a collective agreement with the Ceramic Workers Union that contains.
Determining the solubility of sucrose : The solubility of sucrose (common table sugar) at 70C is 320 g/100 g H2O?
Addresses the general differences between jcaho and jci : Addresses The general differences between JCAHO and JCI. Be a voiceover PowerPoint less than 5 minutes in length or have extensive notes below the slides.
Create a pro formawhat areas of strength exist in company : Compare the November Balance Sheet with the balance sheet as of December 31st. create a Pro FormaWhat areas of strength exist in the company?
What type of a bond is possible and how many : Closer to that there were three arginine and one asparagine. What type of a bond is possible and how many
Why is it more difficult to analyze and therefore mitigate : How does the function of mitigation differ from the other 3 emergency management disciplines
How do the conformational changes : How do the conformational changes during kinase activation enable imatinib to distinguish between Abl and the hundreds of other related kinases in the cell?
Type of reaction occurs to create the copper : This is my question in lab report of Experiment 28: Synthesis of Copper (II) Glycinate

Reviews

Write a Review

Operation Management Questions & Answers

  Book review - the goal

Operations Management is about a book review. Title of the book is "Goal". This book has been written by Dr. Eliyahu Goldartt. The book has been appreciated by many as one of those books which offers an insight into the operations and strategic capac..

  Operational plan in hospitality enterprise

Operational plan pertaining to a hospitality enterprise is given in detail in the solution. The operational plan is an important plan or preparation which gives guidelines regarding the role and responsibilities of each and every operation at all lev..

  Managing operations and information

Recognise the importance of a strategic approach to the development and deployment of organisational information systems. Demonstrate an understanding of the importance of databases and their integration to the organisation's overall information mana..

  A make-or-buy analysis

An analysis of the holding costs, including the appropriate annual holding cost rate.

  Evolution and contributor of operations management

Briefly explain Evolution and contributor of Operations management.

  Functions and responsibilities of an operations manager

A number of drivers of change have transformed the roles, functions and responsibilities of an operations manager over recent years. These drivers have not only been based on technological innovations but also on the need for organisations to develop..

  Compute the optimal order quantity

Compute the Optimal Order quantity of DVD players. Determine the appropriate reorder point.

  Relationship to operations practice in the organisation

Evaluate problems in operations and identify approaches to overcoming them. Critically evaluate operating plans and identify areas for improvement. Justify, implement and evaluate changes to operations in line with modern approaches.

  A make or buy analysis

Develop a report for Figi Fabricating that will address the question of whether the company should continue to purchase the part from the supplier or begin to produce the part itself.

  Prepare a staffing plan

Prepare a staffing plan showing the change of your unit from medical/surgical staffing to oncology staffing.

  Leadership styles in different organizations

Ccompare the effectiveness of different leadership styles in different organizations

  Risk management tools and models

Be able to understand the concept of risk, roles and responsibilities for risk management and risk management tools and models.

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd