To avoid any uncertainty regarding his business’ financing needs at the time when such needs may arise Cyrus Brown wants to develop a cash budget for his latest venture: Cyrus Brown Manufacturing (CBM). He has estimated the following sales forecast for CBM over the next 9 months:
He has also gathered the following collection estimates regarding the forecast sales:
Payments for direct manufacturing costs like raw materials and labor are made during the month that follows the one in which such costs have been incurred. These costs are estimated as follows:
Additional financial information is as follows:
To receive full credit on this assignment please show all work including formulas and calculations used to arrive at the financial values.
Group Project Guidelines
Your submitted Group Project (150 points) must include the following:
Grading
You will be graded on the accuracy of your monthly cash budget and your demonstrated understanding of financial analysis procedures. You will also be graded on your group participation.
Please add your file.
For assistance with your assignment please use your text Web resources and all course materials.
Grading Criteria
Percentage
Deliverable requirements addressed; understanding of material and writer’s message and intent are clear.
40%
Calculation methods where required are contextually appropriate fully explained and presented in a manner that is easy to understand.
10%
External research incorporated in the paper if any supports the writer’s position properly acknowledged and cited; direct quotations may not exceed 10% of the word count of the body of the assignment deliverable (excluded title page abstract or table of contents if used tables exhibits appendices and reference page(s).) Inclusion of plagiarized content will not be tolerated and may result in adverse academic consequences.
5%
Critical thinking: Position is well-justified; logical flow; examplesprovided where appropriate.
20%
Structure: Includes introduction and conclusion; proper paragraph format; reads as a polished academic paper or professional presentation as appropriate for the required assignment deliverable.
10%
Mechanical: No spelling grammatical or punctuation errors.
10%
APA: Deliverable is cited properly according to the APA Publication Manual (6th ed.).
5%
Other Information
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