Case summary:
Person M and T are the owners of the company S. They made little planning for their investment needs. However, lack of planning resulted in missed sales and outstanding salaries to their employees. Therefore, they approached person C, the employee of Company S to make financial plans for the next year.
Characters in the case:
Company S: The firm in need of financial plans
Person M and T: The S company’s founders
Person C: The S Company’s employee
Adequate information:
The company-faced problems based on cash flows due to improper planning which resulted in missed sales. The net income of the company is $2,029,766, the total assets are $19,986,170, the additional
To determine: External financing needed and projected capital utilization.
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Fundamentals of Corporate Finance
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