Prior to beginning this Interactive Assignment, review the sections of Chapters 5, 8, and 9 in the Abrahams textbook on Assessing the Company and Operational and Budget Planning. Also read the online articles (Elmerraji, 2017) and (Ashe-Edmunds, n.d.).
Using the same publicly traded company you used in the Environmental Scanning Interactive Assignment, and the downloadable , research the company online by accessing the Mergent University of Arizona Global Campus Library online database which offers company financials, descriptions, history, property, subsidiaries, officers and directors. Also, access the Business Insights: Global University of Arizona Global CampusLibrary online database which offers information on global companies, and industries. It includes SWOT reports, market share data, financial reports, case studies, business news, and company comparison charts. (View the and documents for suggested methods of searching University of Arizona Global Campus Library databases generally as well as specific advice for searching these two databases). You can always conduct research using credible online sources of corporate financial information, just be sure that wherever you obtain financial information that you cite your source.
For this Interactive Assignment, you are going to look at the financial statements for the company you selected and, using the previous quarters financial data, interpret the data and propose a budget for the next Quarter based on your current and previous analysis of company performance. Complete the budget template using this :
Include at least two of the following types of relevant financial ratios in your analysis. Review the online article (Elmerraji, 2017) and Chapter 5 in the Abrahams textbook to help with this portion of the budget:
(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 and provide a summary of your Operating Budget along with a rationale that supports suggested budgetary changes. Attach your Operating Budget Template to your initial post for review by your instructor and your peers.