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<strong>UOP</strong> <strong>FIN</strong> <strong>486</strong> <strong>Week</strong> 3 <strong>Individual</strong> <strong>Assignment</strong> <strong>Long</strong>-<br />
Term Financial Needs<br />
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<strong>486</strong>-<strong>Week</strong>-3-<strong>Individual</strong>-<strong>Assignment</strong>-<strong>Long</strong>-Term-<br />
Financial-Needs<br />
For more classes visit<br />
www.assignmentclick.com<br />
Examine financial information for Huffman Trucking, within the Virtual<br />
Organization web link located on the course materials page. Read the<br />
New Strategic Directions Memo. Calculate external funds needed (EFN)<br />
to create the pro forma balance sheet. Calculate the following year-end<br />
ratios for the pro forma statements:<br />
• Profit as a percentage of sales<br />
• Current ratio<br />
• Asset ratio<br />
Prepare a 500-word financial report for the CEO containing the EFN<br />
calculation, the ratio calculations, and an explanation of how you<br />
reached the calculations. Explain which income statement and balance<br />
sheet items you assumed were variable instead of fixed.