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This assignment will assess the competency 2. Apply cash flow management concepts that relate to small business operations. (Ch. 15)
Directions: Read Case 7 – Bluffton Pharmacy on page 841 of the textbook. Answer the following questions:
- Develop a monthly cash budget for Bluffton Pharmacy for the upcoming year.
- What recommendations can you offer Angela Crawford and Martin Rodriguez to improve their pharmacy’s cash flow?
- If you were Bluffton Pharmacy’s banker, would you be comfortable extending a line of credit to the pharmacy? Explain.
Write a 1-2 page paper detailing the above questions, and be sure to cite your references.
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