Operating Budget

Prior to beginning this Interactive Assignment, review the sections  of Chapters 5, 8, and 9 in the Abraham’s textbook on Assessing the  Company and Operational and Budget Planning. Also read the online  articles Analyze Investments Quickly With Ratios (Links to an external site.) (Elmerraji, 2017) and What Is an Annualized Budget? (Links to an external site.) (Ashe-Edmunds, n.d.).
Using the same publicly traded company you used in the Environmental Scanning Interactive Assignment, and the downloadable Operating Budget Template,  research the company online by accessing the Mergent Ashford University  Library online database which offers company financials, descriptions,  history, property, subsidiaries, officers and directors. Also, access  the Business Insights: Global Ashford University Library online database  which offers information on global companies, and industries. It  includes SWOT reports, market share data, financial reports, case  studies, business news, and company comparison charts. (View the Mergent tipsheet  and Business Insights tipsheet documents for suggested methods of  searching Ashford University Library databases generally as well as  specific advice for searching these two databases). You can always  conduct research using credible online sources of corporate financial  information, just be sure that wherever you obtain financial information  that you cite your source.
For this Interactive Assignment, you are going to look at the  financial statements for the company you selected and, using the  previous quarter’s financial data, interpret the data and propose a  budget for the next Quarter based on your current and previous analysis  of company performance. Complete the budget template using this Operating Budget Template:

List your current sales, discounts and allowances, net sales, margins, operating costs, and earning before and after taxes.
Choose a minimum of two financial ratios (below) and include in your analysis.
Prepare the next quarter’s budget based on your interpretation of past data.

Include at least two of the following types of relevant financial ratios in your analysis. Review the online article Analyze Investments Quickly With Ratios (Links to an external site.) (Elmerraji, 2017) and Chapter 5 in the Abraham’s textbook to help with this portion of the budget:

Profitability Ratio
Liquidity Ratio
Solvency Ratio
Valuation Ratio
Leverage Ratio

(NOTE: Incorporate the feedback you receive from your instructor and  peers and save your work. It will be part of your Strategic Plan Final  Project for this course).
Initial Post: In your initial post, provide a brief  description of your company and provide a summary of your Operating  Budget along with a rationale that supports suggested budgetary changes.  Attach your Operating Budget Template to your initial post for review  by your instructor and your peers.