The company I chose is TESLA
You can also refer to Mergent Onlineand Business Insights (GALE)for more information on how to use these databases.
Using the same publicly traded company you used in the Environmental Scanning Interactive Assignment, TESLA, research the company online by accessing the Mergent database. Also, access the Business Insights (GALE), which offers information on global companies and industries. The database includes SWOT reports, market share data, financial reports, case studies, business news, and company comparison charts.
You may always research using credible online sources of corporate financial information; just be sure that wherever you obtain financial information, you cite your source.
For this discussion, you will look at the financial statements for the company you selected and, using the previous quarter’s financial data, interpret the data and propose a budget for the next quarter based on your current and prior analysis of company performance.
Complete the budget template using the Operating Budget Template Download Operating Budget Template: Template will be provided
List the current sales, discounts and allowances, net sales, margins, operating costs, and earnings before and after taxes. Include a minimum of two financial ratios (below) in your analysis.
Prepare the next quarter’s budget based on your interpretation of past data.
Include at least three of the following types of relevant financial ratios in your analysis
Profitability Ratio
Liquidity Ratio
Solvency Ratio
Valuation Ratio
Leverage Ratio
In your initial post, provide a brief description of your company, a summary of your Operating Budget, and a rationale supporting suggested budgetary changes. Attach your Operating Budget Template to your initial post for your instructor and peers’ review.
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