CLO3

.docx

School

Westcliff University *

*We aren’t endorsed by this school

Course

500

Subject

Accounting

Date

Jun 22, 2024

Type

docx

Pages

8

Uploaded by ChancellorRabbitPerson1043

1 CLA Assignment 3 Michael Ayala Coba Westcliff University FIN500: Financial & Accounting Skills for Managers Professor Blount June 6th, 2024
2 Please note: Abstracts are not required for student papers (they do not take the place of introductions) Only write an abstract if your professor specifically requires one (If it is required, please see these tutorials for assistance on structure and content: Abstract, Overview Abstract, Informative )
3 CLO Assignment 3 Minicase: Planning for Growth at S&S Air After Chris completed the ratio analysis for S&S Air (see Chapter 3), Mark and Todd approached him about planning for next year's sales. The company had historically used little planning for investment needs. As a result, the company experienced some challenging times because of cash flow problems. The lack of planning resulted in missed sales, as well as periods when Mark and Todd were unable to draw salaries. To this end, they would like Chris to prepare a financial plan for the next year so the company can begin to address any outside investment requirements. The income statement and balance sheet are shown here:
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