Task: Financial Outcomes
Review your organization's most recent financial reports, such as balance sheets, statements of cash flow, management comments, and footnotes to financial statements, to explain how each current asset and liability account has affected cash management strategies. Complete the following in your paper:
- Assume next year's forecasted revenues increase by 20%.
- Provide a detailed working capital recommendation to senior management based on next year's increase in revenue along with assumptions you make regarding other line items in the pro forma financial statements.