Precision Machines Part 2

** PLEASE COMPLETE THE EXCEL SPREADSHEET **

** I ONLY NEED AN INTRODUCTION SLIDE WITH SPEAKER NOTES, AND ANSWER BULLET POINT #1 THAT INCLUDES A SPEAKER NOTES **

Review the "Precision Machines" document and spreadsheet.

Prepare a cash budget for Precision Machines in Microsoft^® Excel^®.    

Create a 20 Minute presentation about a strategic analysis and include the following:

• Recommend a cash management strategy for the company that will minimize the financing cost and increase the cash flows for the company.
• Explain two economic and market forces that will impact the financial plan of this company.

Precision Machines Strategic Analysis Outline

I.              Introduction

a.     Overview of cash management, cash budget and economic forces.

II. Cash Management: minimize financing cost and increase cash flow

               a. Lease buildings and equipment, rather than purchase

               b. Negotiate with vendors and customers

               c. Tackle your debts

               d. Check for unnecessary expenses

               e. Management of accounts receivable, inventory and idle cash.