Cash Is King: : Master Budgets to Inform a Credit Decision / Anne Sergeant, Neal VandenBerg.

Format:

Book

Author/Creator:

Sergeant, Anne, author.

VandenBerg, Neal, author.

Series:

SAGE business cases.

SAGE business cases

Language:

English

Subjects (All):

Credit--Management.

Credit.

Budget--Case studies.

Budget.

Physical Description:

1 online resource

Place of Publication:

London : Institute of Management Accountants, 2025.

Summary:

CASH IS KING" IS A MASTER BUDGETING CASE oriented toward introductory managerial or early cost accounting students, exposing them to the manufacturing industry and banking decisions. Kent Bank has received an application for a short-term line of credit from Little Annin Flagmakers (LAF). Students prepare LAF's master budgets using spreadsheet technology (Excel) and conduct a sales sensitivity analysis. Using this information, students make a credit recommendation. Primary discussion topics include the credit decision, sales risk, risk-return relationship, and value creation within the banking industry. The authors include various extensions to the case, which explore cost identification in manufacturing, business improvements and their effect on the financial needs, capacity issues, effects of seasonality on cash needs, and value creation within a manufacturing firm. The case discussion links accounting competencies with broad management competencies, enhancing both analytical thinking and technical skills. Overall, this case provides a rich educational opportunity for early business students that does not require more than one day of valuable class time.

Notes:

Description based on publisher supplied metadata and other sources.

ISBN:

9781071972342

1071972340

OCLC:

1483993201