Assignment 5: Develop a Financial Plan
Background: Part 1
Financial statements are reviewed by owners, investors, management, and lenders when making decisions regarding an organization and its management. While there are qualitative and quantitative approaches to reading and interpreting financial statements, the interest in this assignment is the quantitative or ratio analysis. Ratios are quantifications of relationships between items on individual statements and between two or more financial statements. It is through understanding the latter in relation to the former that leaders navigate a course through the planning and decisions of future operations. For this assignment, you will group the different financial measures according to the primary end-user.
Evaluate financial statements from the Courier (Balance Sheet, Income Statement, Cash Flows). Organize these from the perspective of the end-user. For each group below, identify three measures, define the measure, explain what the measure is used to explain, and then describe your company’s performance on the measure compared with the competition. Be detailed: do not simply say we did well on ROA, list your actual number and compare with the competition’s performance.
- Identify and group owner/investor measures
- Identify and group management measures
- Identify and group finance/bank measures
Length: Include a Word document of 4-5 paragraphs describing your budget. Also attach your Budget Spreadsheet.
The completed assignment should address all of the assignment requirements, exhibit evidence of concept knowledge, and demonstrate thoughtful consideration of the content presented in the course. The writing should integrate scholarly resources, reflect academic expectations and current APA standards, and adhere to the Northcentral University’s Academic Integrity Policy.
When applicable, conduct a Turnitin pre-check and then upload your completed assignment and click the Submit to Dropbox button.
Upload the spreadsheet and evaluation document and click the Submit to Dropbox button.
