StudentShare
Contact Us
Sign In / Sign Up for FREE
Search
Go to advanced search...
Free

Financing needs of Cyrus Brown - Essay Example

Comments (0) Cite this document
Summary
B. In order to make reasonable estimates about financing needs of Cyrus Brown Manufacturing (CBM), an insight into the cash inflows and outflows within the given period (March till November, 2004) is needed.
As it is evident from the schedule, the company will not need any outside financing…
Download full paperFile format: .doc, available for editing
GRAB THE BEST PAPER95% of users find it useful
Financing needs of Cyrus Brown
Read TextPreview

Extract of sample "Financing needs of Cyrus Brown"

B. In order to make reasonable estimates about financing needs of Cyrus Brown Manufacturing (CBM), an insight into the cash inflows and outflows within the given period (March till November, 2004) is needed.
As it is evident from the schedule, the company will not need any outside financing. The total cash inflow for the period is positive. The only three months when the inflow is negative are March, April, and June. However, the remaining six months compensate for the resulting cash shortage. It should be further noted, that depreciation expense was excluded from the cash inflow/outflow analysis due to the fact that it does not involve any cash expenditures or incomings.
C. Consequently, Cyrus Brown Manufacturing will not need any minimum or maximum line of credit since the future prospects are positive. The only reason why external financing or line of credit might be needed is extraordinary events that might result in cash outflow.
D. The first conclusion that can be made on the nature of the company is the seasonality of the products sold by the company, since one can see a rise in sales with the culmination in September alongside with the downfall in October and November. Another issue that should be considered when analyzing the financial situation of the company is the lump-sump payments made in June and September. While the ending monthly cash balance changes independent of the amount of sales, when considering the payments made in June and September, the increase in ending cash balance would be gradual and logical. Thus, when keeping in mind these two major issues, there is no reason to doubt financial situation of Cyrus Brown Manufacturing.
E. It would be profitable for a bank to have Cyrus Brown Manufacturing as a client. Even though the company does not need external financing for operational activities on a day to day basis, the cash budget shows positive cash inflow, which is a firm enough reason to consider the organization to be healthy (Rujoub, M. Cook, D. Hay, L. 1995). Consequently, the company is able to pay the potential credit it might be given and, going even further than this, it is most likely to need one in the future for capital investment when expanding as a natural tendency when a company's financial situation is good (Edwards, C. 2003). It should be noted, that to make reasonable estimates about the financial position of the company a comparative analysis of the companies in the industry should be conducted.
References
Edwards, C. (2003). Replacing the Corporate Income Tax with a Cash-Flow Tax. The Cato Journal, 23(2).
Rujoub, M. A., Cook, D. M., & Hay, L. E. (1995). Using Cash Flow Ratios to Predict Business Failures. Journal of Managerial Issues, 7(1). Read More
Cite this document
  • APA
  • MLA
  • CHICAGO
(“Financing needs of Cyrus Brown Essay Example | Topics and Well Written Essays - 500 words”, n.d.)
Retrieved from https://studentshare.org/miscellaneous/1500927-financing-needs-of-cyrus-brown
(Financing Needs of Cyrus Brown Essay Example | Topics and Well Written Essays - 500 Words)
https://studentshare.org/miscellaneous/1500927-financing-needs-of-cyrus-brown.
“Financing Needs of Cyrus Brown Essay Example | Topics and Well Written Essays - 500 Words”, n.d. https://studentshare.org/miscellaneous/1500927-financing-needs-of-cyrus-brown.
  • Cited: 0 times
Comments (0)
Click to create a comment or rate a document

CHECK THESE SAMPLES OF Financing needs of Cyrus Brown

Analysis of monthly cash budget of Cyrus Brown Manufacturing Company

... Financial Management S JUNE 25, Part Analysis of monthly cash budget of Cyrus Brown Manufacturing Company for 9 months. Annex 1 exhibits the projected financial statement of Cyrus Brown Manufacturing Company for 9 months and a Cash Flow Statement. From these statements, we can see the projected progress of sales of CBM for the 9 months period, and readily appreciate the data on its year end, as the data will shape what will happen during this period. We will note from the income statement the net cash inflows from operations during the year after deducting the direct manufacturing costs and indirect expenses. As shown from the FS, the sales forecast for March and April are not sufficient to produce profit for the said months as expenses...
4 Pages(1000 words)Essay

Brown Jim

... Jim Brown There are millions of individuals in the world, however only some are able to leave a mark onthe world and influence the people around them. Jim Brown is one of such individuals who continue to play a role for the welfare and betterment of the people, rather than being the only one to benefit from his fame and fortune. His name is counted amongst the most influential African Americans in football and humanitarianism. 1. Background Jim Brown is a former American African football player, who was born in 1936. He was a remarkable player with many acknowledgements and awards to his credit. He played from the Cleveland Brown’s side from 1957 to 1965. He showed excellent skills and expertise in the game in his high school...
5 Pages(1250 words)Essay

Getting financing

...? (Assignment) Getting Finance Finance is the central aspect that determines the degree of a firm’s efficacy in business operations. Therefore, effective business financing is one of the key objectives of every business house irrespective of its size or nature. In traditional concepts, business financing was considered as the essential element only at the time of business commencement. However, modern business concepts maintain that finance plays a more important role whenever the organization needs to move to the next business phase. The inadequacy of working capital has prevented many companies from exploiting potential market opportunities that are available to them. This paper tends to explore the scope of raising finance for my...
4 Pages(1000 words)Essay

Murphy Brown

...MURPHY BROWN'S EPISODE "POLITICALLY INCORRECT" The action taken by the executives of the show "Murphy Brown" for a "politically incorrect" ment made by of one of its co-anchors is an affirmation of the show's recognition of its responsibility to its viewers. If I were in the same situation, I would do the same primarily because I know the power that lies with my being a member of the broadcast media. The concept of political correctness is said to have started in Frankfurt, Germany and was "developed at the Institute for Social Research. (where) a group of thinkers who pulled together to find a solution to the biggest problem facing the implementers of communism in Russia" (Blazquez, 2002). It has caught fire, so to speak, since...
3 Pages(750 words)Book Report/Review

Debt Financing vs. Equity Financing

...Evaluating Performance External financing is financing through the issuance of debt or equity. It is also called outside financing, and is the opposite of internal financing. (Investorwords.com) Debt financing is through bank loans, a company uses this type of financing in the form of debentures. These bond holders have a right over the company's assets in case the company goes bankrupt. In this the company is in debt to people who have bought the debentures or are the bond holders. Equity financing is when the company sells some of its stock to gain capital. This can be done through an underwriter or with no middle man (DPO) Acme needs funds of $500 million for its proposed overseas production facility. The alternatives that we can choose...
3 Pages(750 words)Assignment

Global Financing

Countertrade is classified under five divergent types namely; barter, counter purchase, offset, switch trading and buyback. There are five distinct types of countertrade -- barter, counter purchase, offset, switch trading, and buy back. Under this essay, we will focus on the meaning and the significance of each type in the international trade scenario.
Barter can be defined as a direct exchange of goods and services, or both, between two parties without a cash transaction. It involves exchange of goods for goods and does not involve cash payments or receipts. Although in theory barter appears to be the simplest arrangement, in practice it is not commonly applied or practically implemented.
It can be said that the expansio...
4 Pages(1000 words)Essay

Cyrus Brown Manufacturing Cash Budget and Forecasting

from the above cash budget we have seen that the company has some concerns about cash position as from march to September the needs out side financing and for that they have to pay mark up on financing which increases the expense of the company

e. If you were a ba
3 Pages(750 words)Essay

GETTING FINANCING

..., in case if the entrepreneur is unsure about the economic conditions or thinks that other macro environmental factors may affect the profit stream of the company then he should go with a low debt to equity ratio. It also not bad an option to start by equity financing and once the company has generated a consistent stream of profits then it can easily finance other needs through debt servicing (Shim & Siegel, 2008). A research conducted in the year 2000 with over 600 Chinese companies also revealed that as the companies grow they tend to rely more heavily on external debt as shown in the figure below. Entrepreneurs should also consider their own long-term goals and vision while deciding on the method of financing (Brigham & Ehrhardt, 2008...
5 Pages(1250 words)Essay

Jim brown

... Jim Brown: Personal Profile Introduction Individuals usually go unnoticed in progress of time unless they do something remarkable in course of their career. Those who do things differently are always remembered by the world for many reasons; some of them are even regarded benchmarks for generations. In this context, Jim Brown (James Nathaniel Brown) is not just a name that reminds a footballer but the personification of professional excellence and versatility. Jim was born to Theresa and Swinton Brown in Georgia in 1936 and had his schooling at Manhasset Secondary School. His athletic excellence and meritorious personality in the early teenage had brought him wonderful notice among the all-black community of St. Simons Island. Jim...
5 Pages(1250 words)Essay

Miley Cyrus symbol of pop culture

She further showcased her transformation into adulthood during the August 2013 Video Music Awards where wearing skin-colored undergarments and using stuffed animals, she greatly pushed the line of what viewer generally expected from prime media.
From a gender perspective, the pornification of nearly everything has quickly emerged to be a substantial problem in our culture, and according to Empire et al (2013), this practice has only grown more entrenched and widespread as a result of the availability of the internet on the phones of teenagers. While the problem is particularly pervasive, pop music is where the two tectonic plates of commerce and sex are seen to most vigorously interact as is easily evidenced by the recent tran...
5 Pages(1250 words)Essay

General Electric Long Term Financing Policy

The tagline of the company is becoming “bringing good things to life” (“General Electric” n.d.).
Concerning the situation, in this paper, I would like to discuss three sections of General Electric issues. Section 1 is about the company’s long term financing; Section 2 is concerning risk management; and Section 3 is about a synergistic acquisition, which is suitable for General Electric.
In today’s business practices, investors or managements often face a dilemma. At one occasion, they need to develop their business in order to sustain growth but on the other hand they have limited budget to invest. Under such circumstances, a company should consider loan option or use their own money r...
12 Pages(3000 words)Case Study

Aircraft Maintenance Training Needs in Both The Commercial and Light Aviation Sectors of the UK

...DRAFT ORDER# 78204477 A Survey on Aircraft Maintenance Training Needs in Both The Commercial and Light Aviation Sectors of the U.K A DissertationPresented to The Faculty of In Partial Fulfillment Of the requirements for BSc degree in Aircraft Maintenance Engineering By Eunan White TABLE OF CONTENTS Page ACKNOWLEDGEMENT . . . . . . . . . . . . . . . . . . . . . . . . . . . . iv DEDICATION...
45 Pages(11250 words)Dissertation

The Controversies in the Novel The Da Vinci Code by Dan Brown

..., absolutely no proof for Brown’s rather fantastical claims but as he presents his work, at least in appearance, as a historical novel, this claim needs to be substantiated in one way or another. Brown finds his evidence in art and, more specifically, in Da Vinci’s art. Indeed, his interpretation of Da Vinci’s authorship of De Divina Proportione and The Last Supper leaves readers with no alternate interpretation, or reading, of this particular painting. Brown provides readers with a very accurate and highly detailed description of The Last Supper. Indeed, in his repeated descriptions of the painting, he draws attention to characteristics which even those who are familiar with it may have overlooked. As Welborn points out, it is quite...
7 Pages(1750 words)Essay

Health Needs Assessment among Internally Displaced People in Southern Darfur State

In the recent past, Sudan has gone through a very serious humanitarian crisis, rated by as among the worst in the world. This crisis has led to thousands of Sudanese being displaced from their homes. The crisis was a series of civil wars that have characterized the Southern Sudan regions, and quite recently the Darfur region. The conflict in the Darfur region is among the most recent crises in Sudan and has as a result drawn global attention. According to the UN, the Darfur conflict emerged as the worst crisis in the year 2003 as far as humanitarian aspects are concerned (UNEP/OCHA, 2004 pp 6).

So far, the Darfur crisis has led to the internal displacement of more than two million citizens. In the year 2008, the UN esti...
11 Pages(2750 words)Term Paper

Structure of the Educational System in Morocco and Its Capacity for Addressing the Needs of the Hospitality Industry

...Independent Research Study An investigation into the Structure of the Educational System in Morocco and its Capa for Addressing the Needs and Expectations of the Hospitality Industry in the Country Submitted by : Submitted to : Course : Date : September 29, 2009 Word Count : 3,069 words STATEMENT OF AUTHORSHIP “I confirm that no part of this work, except where clearly quoted and referenced, has been copied from material belonging to any person e.g. from a book, handout, another student. I am aware that it is a breach of GIHE regulations to copy the work of another without clear acknowledgement and that attempting to do so render me liable to disciplinary procedures.” ________________ Table of Contents I. Consultant’s Brief 4...
15 Pages(3750 words)Research Proposal

Special Needs in Forensic Mental Health

Advanced researches in Forensic Mental Health can formulate innovative techniques in the sphere of Juvenile Justice and considerably help society in general. The youngsters from the very foundation of a county’s human wealth and no society must tolerate if the integrity of this human wealth is threatened. Studies in Forensic Mental Health can help us to decide how a society can fight the menace of juvenile delinquency and surge ahead towards a better future.
In the majority of the cases of lawbreaking by a teenager, the mental health concerns of the adolescent lawbreaker have been thought-provoking. The case under investigation can be considered as a similar case of juvenile crime, where a fourteen-year-old boy has att...
8 Pages(2000 words)Case Study

The Religious Aspects of Young Goodman Brown by Nathaniel Hawthorne

The story of Brown alerts one to the dangers that are inherent in the puritan life that stifles the creativity of man and the only recourse that his imagination has is to resurface in his dreams where they display an unhealthy tendency to distort the boundaries between reality and illusion. Much of the analysis of this short story has followed the contributions of psychoanalysis to our understanding of the nature of dreams and the repressed. They have helped in the understanding of the story as one that critiques the excessive control of religion over the life of an individual. Hawthorne’s critique is leveled against the religious fervor that the puritan establishments of New England, where the story is set, has displayed si...
9 Pages(2250 words)Book Report/Review

Educational Needs Assessment

...Educational Needs Assessment Annotated Bibliography Brown, Judith (2002). Training Needs Assessment: A Must for Developing an Effective Training Program. Public Personnel Management. Retrieved 23 Feb 2013 from http://www.owlnet.rice.edu/~antonvillado/courses/09a_psyc630001/Brown%20(2002)%20PPM.pdf. This article outlines the four basic reasons why training needs assessment is crucial. Firstly, it guides the company in identifying certain issues in the workforce. Secondly, it allows the company to gain managerial support which could help in the strategic of its programs. Thirdly, it develops pertinent employee data that are usually needed during evaluation. And lastly, provides a cost-benefit analysis in doing activities related...
8 Pages(2000 words)Annotated Bibliography

Symbolism in Young Goodman Brown by Nathaniel Hawthorne

The story begins with an ironic situation where Goodman leaves his three months’ old married wife for something not known deep in the forest. He is very persuasive despite his wife’s plea that he should not go. This aspect is symbolic of the drive that entices humans to pursue their hearts’ desires despite the counsel they get from people who care about them. Leaving ‘Faith’ for the wild symbolically represents a situation where a person will depart from good to pursue something not certain. In the case of Goodman, an evil venture.

The forest life presents very unnatural situations, just like the way evil powers manifest supernaturally to men. A forest is a place for the wild. It has been u...
8 Pages(2000 words)Book Report/Review

The Specific Needs in Health and Social Care

In social work, the same principles should always apply. Involvement in social work should always be done in a way that even people with disabilities are involved and are equal beneficiaries of such services. 
There are a general difference in the way the social model view disability and the way that the medical model views disability. According to the social model, disability refers to the restriction of human activities and their participation, which results from social factors that do not take into account the needs of impaired people. The medical model, on the other hand, refers to disabilities as the attributes of an individual that are not normal and need treatment or specific services.
Over the years, there h...
10 Pages(2500 words)Assignment
sponsored ads
We use cookies to create the best experience for you. Keep on browsing if you are OK with that, or find out how to manage cookies.

Let us find you another Essay on topic Financing needs of Cyrus Brown for FREE!

Contact Us