Financial performance of horniman horticulture

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Horniman Horticulture Case Study

What is your assessment of the financial performance of Horniman Horticulture?

What is the problem?

What is going right with this business? What concerns you?

Do you agree with Maggie Brown’s accounts-payable policy?

What explains the erosion of the cash balance?

What do you expect the financial position of the business to be in 2006? Extend the financial statements through 2006, assuming that Bob Brown grows revenue by 30%. Note: To make the balance sheet balance, define cash as equal to (Curr. liab. + Net worth) – (Accounts receivable + Inventory + OCA + Net fixed assets).

Will strong business performance in 2007 improve the cash position?

 

What are the alternatives for solving the business’s cash problem?

Reference no: EM13727243

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