{ "key_pair_value_system": true, "answer_rating_count": "", "question_feedback_html": { "html_star": "", "html_star_feedback": "" }, "answer_average_rating_value": "", "answer_date_js": "2024-06-28T07:08:05-04:00", "answer_date": "2024-06-28 07:08:05", "is_docs_available": null, "is_excel_available": null, "is_pdf_available": null, "count_file_available": 0, "main_page": "student_question_view", "question_id": "4260608", "url": "\/study-help\/questions\/required-you-need-to-prepare-comprehensive-6month-budget-including-supportingschedules-4260608", "question_creation_date_js": "2024-06-28T07:08:05-04:00", "question_creation_date": "Jun 28, 2024 07:08 AM", "meta_title": "[Solved] Required: You need to prepare comprehensi | SolutionInn", "meta_description": "Answer of - Required: You need to prepare comprehensive 6-month budget, including supportingschedules and a report for the period | SolutionInn", "meta_keywords": "required,prepare,comprehensive,6-month,budget,supportingschedules,report,period,january,1,2016,june", "question_title_h1": "Required: You need to prepare comprehensive 6-month budget, including supportingschedules and a report for the period January 1, 2016 to June 30, 2016 for Napoleon,", "question_title": "Required: You need to prepare comprehensive 6-month budget, including supportingschedules and a", "question_title_for_js_snippet": "Required You need to prepare comprehensive 6 month budget, including supportingschedules and a report for the period January 1, 2016 to June 30, 2016 for Napoleon, Inc (a fictional company) This project must include Sales Forecast and Budget Cash Receipts budget Purchase budget Cash Purchases Disbursements budget Operating Expense budget Summary Cash budget Budgeted Income Statement Budgeted Balance Sheet A written Summary Report Notes and Hints All 9 parts must be submitted before I grade the project The schedules budgets must be prepared on Excel The templates I have prepared must be used as is Part of this project is demonstrating proper use of Excel You may only input a hard number into a pink cell All yellow cells must be formula based (no numbers included use appropriate cell referencing) You must include a copy of the formula version of the project or you will receive a 0 (zero) I recommend constructing the formulas for one month and then copying the formulas over to the remaining months Rounding is encouraged and you may ignore interest and taxes The budget templates and this instruction sheet are located on the budget project module Make sure you save the file to excel and then open the file through Excel (not Internet Explorer) Check figures are also located on the budget project module A written summary report , outlining the main issues and problems identified during the budgeting process and suggestions for improving the budget forecast Don't explain how you prepared the budget Analyze the issues, including profitability, cash needs, and cost structure Suggest at least 3 ways you can improve the business forecast for the next 6 months to a year Test your suggestions by preparing revised budget schedule Attached is an example of a budget report The information for Napoleon, Inc is on the budget project module ", "question_description": "

Required:<\/strong>You need to prepare comprehensive 6-month budget, including supportingschedules and a report for the period January 1, 2016 to June 30, 2016 for Napoleon, Inc (a fictional company).This project must include:<\/p>

  1. Sales<\/strong>Forecast and Budget<\/li>
  2. Cash Receipts<\/strong>budget<\/li>
  3. Purchase<\/strong>budget<\/li>
  4. Cash Purchases Disbursements<\/strong>budget<\/li>
  5. Operating Expense<\/strong>budget<\/li>
  6. Summary Cash<\/strong>budget<\/li>
  7. BudgetedIncome Statement<\/strong><\/li>
  8. BudgetedBalance Sheet<\/strong> <\/li>
  9. A writtenSummary Report<\/strong><\/li> <\/ol>

    Notes and Hints<\/p>

    1. All 9 parts must be submitted before I grade the project.<\/li>
    2. The schedules\/budgets must be prepared on Excel. The templates I have prepared must be used as is.<\/li>
    3. Part of this project is demonstrating proper use of Excel<\/em><\/strong>. You may only input a \"hard number\" into a pink cell. All yellow cells must be formula based (no numbers included - use appropriate cell referencing).You must include a copy of the formula version of the project or you will receive a 0 (zero).<\/strong> <\/li>
    4. I recommend constructing the formulas for one month and then copying the formulas over to the remaining months.<\/li>
    5. Rounding is encouraged and you may ignore interest and taxes.<\/li>
    6. The budget templates and this instruction sheet are located on the budget project module.Make sure you save the file to excel and then open the file through Excel (not Internet Explorer).<\/u><\/strong><\/li>
    7. Check figures are also located on the budget project module.<\/li>
    8. Awritten summary report<\/strong>, outlining the main issues and problems identified during the budgeting process and suggestions for improving the budget forecast. Don't explain how you prepared the budget. Analyze the issues, including profitability, cash needs, and cost structure. Suggest at least 3 ways you can improve the business forecast for the next 6 months to a year. Test your suggestions by preparing revised budget schedule. Attached is an example of a budget report.<\/li>
    9. The information for Napoleon, Inc. is on the budget project module.<\/li> <\/ol>", "transcribed_text": "", "related_book": { "title": "Managerial Accounting Tools for Business Decision Making ", "isbn": "1118856996, 978-1118856994", "edition": "4th Canadian edition", "authors": "Jerry J. Weygandt, Paul D. Kimmel, Donald E. Kieso, Ibrahim M. Aly", "cover_image": "https:\/\/dsd5zvtm8ll6.cloudfront.net\/si.question.images\/book_images\/1190.jpg", "uri": "\/textbooks\/managerial-accounting-tools-for-business-decision-making-4th-canadian-edition-1190", "see_more_uri": "" }, "free_related_book": { "isbn": "1684513006", "uri": "\/textbooks\/knowledge-and-power-the-information-theory-of-capitalism-1st-edition-978-1684513000-284221", "name": "Knowledge And Power The Information Theory Of Capitalism", "edition": "1st Edition" }, "question_posted": "2024-06-28 07:08:05", "see_more_questions_link": "\/study-help\/questions\/business-finance-2024-September-13", "step_by_step_answer": "The Answer is in the image, click to view ...", "students_also_viewed": [ { "url": "\/a-revenue-item-must-be-objectively-measurable-as-well-as", "description": "A revenue item must be objectively measurable, as well as available, to be accrued as governmental fund revenue. What is meant by the term objectively measurable in this context?", "stars": 3 }, { "url": "\/study-help\/psychology\/1-let-students-suggest-their-own-reinforcers-or-choose-from-1984431", "description": "1. Let students suggest their own reinforcers or choose from a menu of reinforcers with weekly specials.", "stars": 3 }, { "url": "\/a-treasury-bond-futures-contract-has-a-settlement-price-of", "description": "A Treasury bond futures contract has a settlement price of 8908. What is the implied annual yield?", "stars": 3.5 }, { "url": "\/study-help\/questions\/the-unadjusted-trial-balance-of-pikeville-inn-company-at-december-9868033", "description": "The unadjusted trial balance of Pikeville Inn Company at December 31, 2018, and the data needed for the adjustments follow. (Click the icon to view the unadjusted trial balance.) A (Click the icon to...", "stars": 3.5 }, { "url": "\/study-help\/questions\/appendix-a-david-and-taras-sketch-of-the-proposed-residence-5810977", "description": "Appendix A David and Taras sketch of the proposed residence over the site plan View King Site Plan s online You will need the Plan that is in Appendix A of this assessment to complete this task....", "stars": 3.5 }, { "url": "\/study-help\/questions\/accounting-theories-play-a-vital-role-in-guiding-research-by-1249971", "description": "Accounting theories play a vital role in guiding research by providing theoretical frameworks and conceptual lenses through which researchers can analyze accounting phenomena. The agency theory, for...", "stars": 3.5 }, { "url": "\/study-help\/questions\/day-4-yoga-for-your-x-ama-online-education-4499247", "description": "Day 4 - Yoga For Your X AMA Online Education X Short Quiz 001 (page 1 x Sy 1\/2 (1\/2 sin (20)-1\/6 sir x Q Integral Calculator | Be x * Upload Documents for X + C D...", "stars": 3.5 }, { "url": "\/study-help\/questions\/individual-tax-return-problem-2required-use-the-following-information-to-3643535", "description": "INDIVIDUAL TAX RETURN PROBLEM 2Required: Use the following information to complete Johnelle and Latoya Henry's 2016federal income tax return. If information is missing, use reasonable assumptions to...", "stars": 3.5 }, { "url": "\/study-help\/questions\/veach-division-has-total-assets-net-of-accumulated-depreciation-2522953", "description": "Veach Division has total assets ( net of accumulated depreciation ) of $ 4 6 2 , 0 0 0 at the beginning of year 1 . One of the assets is a machine that has a net book value of $ 4 8 , 7 2 0 ....", "stars": 3.5 }, { "url": "\/study-help\/questions\/you-need-to-implement-the-following-for-the-users-in-954430", "description": "You need to implement the following for the users in the marketing department: Open a customer relationship management (CRM) popup when the users receive a Teams call. Ensure that SIP devices can be...", "stars": 3.5 } ], "next_back_navigation": { "previous": "\/study-help\/questions\/you-are-deciding-between-two-mutually-exclusive-investment-opportunities-both-4260607", "next": "\/study-help\/questions\/using-the-data-below-what-is-the-value-of-the-4260609" }, "breadcrumbs": [ { "name": "Study help", "link": "https:\/\/www.solutioninn.com\/study-help\/questions-and-answers" }, { "name": "Business", "link": "https:\/\/www.solutioninn.com\/study-help\/questions-and-answers\/business" }, { "name": "Accounting", "link": "https:\/\/www.solutioninn.com\/study-help\/questions\/business-accounting" }, { "name": "Required: You need to prepare comprehensive 6-month budget, including supportingschedules and a", "link": "https:\/\/www.solutioninn.com\/study-help\/questions\/required-you-need-to-prepare-comprehensive-6month-budget-including-supportingschedules-4260608" } ], "skill_details": { "skill_id": "9", "skill_name": "Accounting", "parent_id": "1" } } } }