Precision Machines Case Study Guide
Our Precision Machines Study Guide will give you a comprehensive understanding of cash budgeting. The study guide was developed in excel and uses formulas to calculate values. This allows you to obtain correct answers for any set of values within the Precision Machine cash budget.
- Cash Budget with all values solved in Excel
- Formulas included to automatically solve any values
- Additional support from ACCNerd as needed
Overview of Precision Machines Problem
Precision Machines is preparing a financial plan for the next six months to determine the financial needs of the company. The historical analysis of the company’s sales shows that the company’s total sales are 30% cash sales...
The attached spreadsheet shows revenues (sales), expenses, capital expenditures, and other expenses for Precision Machines’ next six months. Using the information given on the spreadsheet, prepare a cash budget for January through June and determine the cash surplus, deficit, and the financing needs of the company.