short-term financing

Short-Term Financing Needs

  1. 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.

  1. Please complete the mini case found on pages 171–172 of your textbook, Brigham and Ehrhardt.

By Saturday, January 24, 2015, post your response to the appropriate Discussion Area. Through Wednesday, January 28, 2015, review and comment on at least two peers’ responses.

Save your time - order a paper!

Get your paper written from scratch within the tight deadline. Our service is a reliable solution to all your troubles. Place an order on any task and we will take care of it. You won’t have to worry about the quality and deadlines

Order Paper Now

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 punctuation

Business & Finance homework help