Discussion with Mini Case calculations – Due in 3 hours

After reading your report, as well as comments by others on the team, the Genesis Energy team began to understand the importance of cash flow and financing in high-growth scenarios. The Genesis Energy accountant suggested that the focus should be on developing a financial strategy that would ensure operational needs are met through short-term financing. The Genesis Energy team instructed Sensible Essentials to explain in basic terms the factors and mechanics necessary to determine short-term financing needs.As the finance expert for Sensible Essentials, do the following:Explain the concept of working capital and its importance to Genesis Energy.Describe the mechanism and methodology used to ensure that operational needs are met through short-term financing. Explain why this methodology is important to Genesis Energy.Explain how working capital represents the assets that are needed to carry out the day-to-day operation and how working capital can act as a source of financing or increase the need for financing.In your response, be sure to consider the time value of money and the relative advantages and disadvantages of short-term loans versus internally generated funds.Please complete the mini case found on pages 171–172 of your textbook, Brigham and Ehrhardt.By the due date assigned, post your response to the Discussion Area. Through the end of the module, review and comment on at least two peers’ responses.Write your initial response in 300–500 words. Your response should be thorough and address all components of the discussion question in detail, include citations of all sources, where needed, according to the APA Style, and demonstrate accurate spelling, grammar, and punctuationDo the following when responding to your peers:Read your peers’ answers.Provide substantive comments bycontributing new, relevant information from course readings, Web sites, or other sources;building on the remarks or questions of others; orsharing practical examples of key concepts from your professional or personal experiencesRespond to feedback on your posting and provide feedback to other students on their ideas.Make sure your writingis clear, concise, and organized;demonstrates ethical scholarship in accurate representation and attribution of sources; anddisplays accurate spelling, grammar, and punctuation.

 

Do you need a similar assignment done for you from scratch? We have qualified writers to help you. We assure you an A+ quality paper that is free from plagiarism. Order now for an Amazing Discount!
Use Discount Code "Newclient" for a 15% Discount!

NB: We do not resell papers. Upon ordering, we do an original paper exclusively for you.