Business Discussion/2 responses

Y ou may always research using credible online sources of corporate financial information; just be sure that wherever you obtain financial information, you cite your source.

For this discussion, you will look at the financial statements for the company you selected and, using the previous quarter ’s financial data, interpret the data and propose a budget for the next quarter based on your current and prior analysis of company performance.

Complete the budget template using the Operating Budget T emplate Download Operating Budget T emplate : ● List the current sales, discounts and allowances, net sales, margins, operating costs, and earnings before and after taxes. Include a minimum of two financial ratios (below) in your analysis. ● Prepare the next quarter ’s budget based on your interpretation of past data. Include at least three of the following types of relevant financial ratios in your analysis ● Profitability Ratio ● Liquidity Ratio ● Solvency Ratio ● V aluation Ratio ● Leverage Ratio NOTE: Incorporate the feedback you receive from your instructor and peers and save your work. It will be part of your Strategic Plan Final Project for this course. Initial Post :

In your initial post, provide a brief description of your company ( Beyond Meat Inc), a summary of your Operating Budget, and a rationale supporting suggested budgetary changes. Attach your Operating Budget T emplate to your initial post for your instructor and peers’ review . Properly cite references according to the AP A style Links to an external site. outlined in the University of Arizona Global Campus W riting Center . Guided Response :

Respond to at least two of your fellow students’ posts with an analysis of their operating budget and provide recommendations to extend their thinking using information from the week’ s readings, examples from current events, and other scholarly or credible resources.

P EER R ESPO NSES 1.Hello all, The company I am analyzing for the budgetary planning exercise is the Boeing Company . For the next quarter , I increased the operating budget to help ensure that Boeing has enough people and resources to make the significant changes required to improve safety and quality at the workplace and the aircraft. Brand image has been tarnished, and it is necessary to rebuild the trust of regulators and the flying public. I have increased the sales revenue due to the expectation of an increase in rate and selling of f sitting inventory . As you can see from the attached budget plan, the cost and expenses budget has increased by 16%. This is where the money would be spent on engineering, quality , etc, to rebuild the brand. WK 4_ Operating Budget Boeing.docx Download WK 4_ Operating Budget Boeing.docx Nathan References Boeing Company - Investors - Overview .

(n.d.). https://investors.boeing.com/investors/overview/default.aspx 2. I have attached my Operating Budget spreadsheet for Apple Incorporated. I used the Business Insights (GALE) data to populate the information. When predicting next quarter , I went back to look at the previous two quarters and see how the company was trending.

I believe that the product revenue will continue to slightly decline since Apple was late to releasing AI services, as I found during the SWOT previously . I found out that Apple is dealing with a strong competitor in China that is reducing their sales. Service revenue has steadily increased so I continued that trajectory . Lastly for Revenue, Other Income had no data three quarters ago so I projected that it will decline 10%. Costs and Expenses all showed a trend of decreasing, which I predict will of fset the reduced product revenue and ultimately cause a net positive profit. For the ratios I continued the trends of slight positive movement, except for the leverage ratio I left that the same. Due to only a slight increase in net profit and the company consistently leading the market, I believe the great leverage ratio will remain, which is a good thing.

-Conrad BUS402_WK 4_ Operating Budget T emplate.docx