Resources Harvard Business Publishing Working Capital Sim
Resources: Harvard Business Publishing: Working Capital Simulation: Managing Growth AssignmentCh. 1 – 21 of Fundamentals of Corporate FinanceWileyPLUS AssignmentsAll additional resources from each week (available via student website)Review the following scenario:Acting as the CEO of a small company, you will apply the principlesof capital budgeting to invest in growth and cash flow improvementopportunities in three phases over 10 simulated years. Each opportunityhas a unique financial profile and you must analyze the effects onworking capital. Examples of opportunities include taking on newcustomers, capitalizing on supplier discounts, and reducing inventory.You must understand how the income statement, balance sheet, andstatement of cash flows are interconnected and be able to analyzeforecasted financial information to consider possible effects of eachopportunity on the firm’s financial position. The company operates onthin margins with a constrained cash position and limited availablecredit. You must optimize use of internal and external credit as youbalance the desire for growth with the need for maintaining liquidity.Sign-in to the simulation and review each of the following: (available via student website)Welcome StatementHow to PlayTerminology PrimerMore Details (this includes information to help you understand how to play the simulation)Write a paper of no more than 1,400 words thatanalyzes your decisions during each phase (1-3) and how they influencedeach of the following final outcomes (metrics) of SNC:SalesEBITNet IncomeFree Cash FlowTotal Firm ValueAddress the following in your paper:A summary of your decisions and why you made themHow they affected SNC’s working capitalWhat general effects are associated with limited access to financingInclude scholarly references (in addition to your course textbook and simulation materials) to support your positions.Format your paper consistent with APA guidelines.