The financials
For Catherine Owens ONLY
Financial Planning and Agency Conflicts" Please respond to the following:
• From the scenario, cite your forecasting conclusions that support TFC's decision to expand to the West Coast market. Speculate as to whether or not the agency conflict discussed in the scenario could become a roadblock to your conclusions. Provide a rationale for your response.
• From the mini case, recommend two desired characteristics of a board of directors. Provide support for your response, citing the ways in which these characteristics usually lead to effective corporate governance.
Use the "NAB Company Portfolio" (see: Course Required Files in Week 1) for reference. Provide the following information below.
1. For year one of your NAB company's Business Plan, complete the Income Statement, Cash Flow Projections, and Balance Sheet sections from the "Business Plan Financials" MS Excel template (see: Course Required Files in Week 1). Note:Attach the MS Excel worksheet to the discussion thread.
• Hints: Your marketing costs should already be included as you created your Marketing Budget in Week 4 and those will be filled in automatically.
• Hints: Use the figures you arrived at in the operations and technology sections of your plan to help fill out your financial forms.
• Hints: Work through the worksheets in order. The excel worksheets will automatically enter the numbers into your Income Statement.
2. Develop the following financial sections of your NAB company's Business Plan. Note: Attach the MS Word document to the discussion thread.
a. Sources and use of funds
b. Plan assumptions
c. Break-even analysis.