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group Project paper, ACCOUNTING FOR MANAGERS: create a plan for a small business event and to...

group Project paper, ACCOUNTING FOR MANAGERS: create a plan for a small business event and to prepare a master budget comprises of both operating and financial budgets for the chosen business. you can come use your own figures for both operating and financial budgets

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Example of a master budget

Beginning cash $100,000 $98,000 $95,000 $38,000
+/- Net profit (loss) +25,000 +12,000 +40,000 +23,000
+ Depreciation +15,000 +15,000 +22,000 +24,000
- Capital expenditures -28,000 0 -80,000 -35,000
+/- Working capital changes -14,000 -30,000 -39,000 -21,000
= Ending cash $98,000 $95,000 $38,000 $29,000
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