The finance director of a soccer association is considering adding a fourth team to the organization. Players and parents in the community desire a football team to be fielded by the football association in the varsity division for players aged 17 and 18.
The finance manager needs to identify the amount of financing that will be required to manage a varsity team. She must project a cash budget for the upcoming operating interval and also evaluate other scenarios that could help reduce the needed quantity of financing.
PUBLICATION DATE: March 20, 2013 PRODUCT #: W13074-PDF-ENG
This is just an excerpt. This case is about FINANCE & ACCOUNTING