Prior to beginning work on this discussion forum,
Review Chapters 5, 8, and 9 from the text, Strategic Management for Organizations.
Review the supplemental resources given under recommended resources.
Review the webpages given under the required resources.
Review Budgeting revisitedLinks to an external site. by Otti.
Download the Operating Budget Template Download Operating Budget Template.
You can also refer to Mergent OnlineLinks to an external site. and Business Insights (GALE)Links to an external site. for more information on how to use these databases.
Using the same publicly traded company you used in the Environmental Scanning Interactive Assignment, research the company online by accessing the Mergent databaseLinks to an external site. in the University of Arizona Global Campus Library which offers company financials, descriptions, history, property, subsidiaries, officers, and directors. Also, access the Business Insights (GALE)Links to an external site. database in the University of Arizona Global Campus Library, which offers information on global companies and industries. The database includes SWOT reports, market share data, financial reports, case studies, business news, and company comparison charts.
You may always research using credible online sources of corporate financial information; just be sure that wherever you obtain financial information, you cite your source.
For this discussion, you will look at the financial statements for the company you selected and, using the previous quarter’s financial data, interpret the data and propose a budget for the next quarter based on your current and prior analysis of company performance.
Complete the budget template using the Operating Budget Template Download Operating Budget Template:
List the current sales, discounts and allowances, net sales, margins, operating costs, and earnings before and after taxes. Include a minimum of two financial ratios (below) in your analysis.
Prepare the next quarter’s budget based on your interpretation of past data.
Include at least three of the following types of relevant financial ratios in your analysis
Profitability Ratio
Liquidity Ratio
Solvency Ratio
Valuation Ratio
Leverage Ratio
NOTE: Incorporate the feedback you receive from your instructor and peers and save your work. It will be part of your Strategic Plan Final Project for this course.
Initial Post: In your initial post, provide a brief description of your company, a summary of your Operating Budget, and a rationale supporting suggested budgetary changes. Attach your Operating Budget Template to your initial post for your instructor and peers’ review.
Properly cite references according to the APA styleLinks to an external site. outlined in the University of Arizona Global Campus Writing Center.
