Subject category:
Finance, Accounting and Control
Published by:
Darden Business Publishing
Abstract
This software is to accompany the case. While preparing a financial forecast, the newly promoted CFO of a small and profitable but financially constrained ready-mix concrete company must choose between renegotiating debt obligations, postponing long overdue capital improvements that will prevent more costly future repairs, or reducing the dividend payment to a parent company that just recently purchased the firm. A potential slowdown in the business due to a slowing economy and pressure from the new parent company add additional layers of complexity. A teaching note and instructor and student spreadsheets are available.
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Abstract
This software is to accompany the case. While preparing a financial forecast, the newly promoted CFO of a small and profitable but financially constrained ready-mix concrete company must choose between renegotiating debt obligations, postponing long overdue capital improvements that will prevent more costly future repairs, or reducing the dividend payment to a parent company that just recently purchased the firm. A potential slowdown in the business due to a slowing economy and pressure from the new parent company add additional layers of complexity. A teaching note and instructor and student spreadsheets are available.
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