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Cash, end of year
5,
900
? Requirements
1. Prepare the Wang cash budget for 2014. Date the budget simply ?201
4? and denote the beginning and ending cash balances as ?beginning? an
d ?ending.? Assume the company expects 2014 to be the same as 2013,
but with the following changes:
a. In 2014, the company expects a 20% increase in collections from cust
omers and a 30% increase in purchases of inventory.
b. There will be no sales of investments in 2014.
c. Wang does not plan to issue stock in 2014.
d. Wang plans to end the year with a cash balance of $5,550.
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ACCT 504 Course Project Analysis of Nike, Inc. and Under
Armour, Inc.
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Course Project: A Financial Statement Analysis
A Comparative Analysis of Nike, Inc. and Under Armour, Inc.
Below is the link for the financial statements for Nike, Inc. for the fiscal
year ending 2014. First, select 2014using the drop-down arrow labeled
Year, and then select Annual Filings using the drop-down arrow labeled
All.