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Finance Case Study

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Case Three CHEF’S TOOLKIT INC.
Cash Budgeting 企业现金需求分析和预算

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Case Explanation: cash budgeting
    

History: Jefferys, invention of Pasta server Production: data Marketing: data Financial Implication: data Data: Composition of Canadian Households; Balance sheet(July 15, 1994) Jefferys Personal balance sheet (July 15, 1994) Production Schedule in Unit
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Study Questions
Q1:What is the Case? (1)event?(2)Companies?(3)Persons?(4)Time? What is the problem?(5)Why is the problem?(6)Possible Solutions? Q2:Analyses (1) Background of Chef’s Toolkit Inc. ? (2) CV of managers? (3)What is the invention? (4)Company Size-up: production, marketing, and financial status? Q3:Budgeting(monthly sales : 10,000; 5,000; 30,000): production schedule, cash budget, Pro-forma income statement, Pro-forma balance sheet Q4:How can the firm avoid loss? Break –even calculation? Q5: How much money do the firm need for financing? Should Dale Raid invest? What are his risks?
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Case Summary(案例)
M r. P eter Jeffery
President of Chef’s Toolkit Inc.

M r. Dale Reid
Private Investor 风险投资家

Obtain funds to start manufacturing and marketing a new pasta server.

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Case Summary(案例)
Produce Sell

Chef’s Toolkit Inc.

Pasta Server 意大利通心粉

Chef or Housewife

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Objectives(目标)




Produce projected income statements, balance sheets, and cash flow statement up to July 31, 1995. 预计财务报告 Obtain fund from Dale Reid.

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Why Budget?

预算

If you know where you are going, you’re more likely to get there….
   

Plan Perform Evaluate Report
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Preparation of the Budget for a Manufacturing Organization
销售预算 生产预算 成本和费用预算 现金预算

预计的财务报告

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Preparation of the Cash Budget for Chef’s Toolkit Inc.
Production Schedule

生产计划

Cash Budget

现金预算

Pro-forma income statement

Pro-forma balance sheet

预计的利润表

预计的资产负债表

9

Analyses(分析)

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