Prior to beginning this Interactive Assignment, review the sections of Chapters 5, 8, and 9 in the...

Question

Prior to beginning this Interactive Assignment, review the sections of Chapters 5, 8, and 9 in the Abraham’s textbook on Assessing the Company and Operational and Budget Planning. Also read the online articles
Analyze Investments Quickly With Ratios(Links to an external site.)
(Elmerraji, 2017) and
What Is an Annualized Budget?(Links to an external site.)
(Ashe-Edmunds, n.d.).

Using the same publicly traded company you used in the Environmental Scanning Interactive Assignment, and the downloadable
Operating Budget Template, research the company online by accessing the Mergent Ashford University Library online database which offers company financials, descriptions, history, property, subsidiaries, officers and directors. Also, access the Business Insights: Global Ashford University Library online database which offers information on global companies, and industries. It includes SWOT reports, market share data, financial reports, case studies, business news, and company comparison charts. (View the
Getting Started With Mergentand
Business Insights: Global
documentsfor suggested methods of searching Ashford University Library databases generally as well as specific advice for searching these two databases). You can always conduct research using credible online sources of corporate financial information, just be sure that wherever you obtain financial information that you cite your source.

For this Interactive Assignment, you are going to 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 previous analysis of company performance. Complete the budget template using this
Operating Budget Template:

List your current sales, discounts and allowances, net sales, margins, operating costs, and earning before and after taxes.

Choose a minimum of two financial ratios (below) and include in your analysis.

Prepare the next quarter’s budget based on your interpretation of past data.

Include at least two of the following types of relevant financial ratios in your analysis. Review the online article
Analyze Investments Quickly With Ratios(Links to an external site.)
(Elmerraji, 2017) and Chapter 5 in the Abraham’s textbook to help with this portion of the budget:

Profitability Ratio

Liquidity Ratio

Solvency Ratio

Valuation Ratio

Leverage Ratio

(NOTE: Incorporate the feedback you receive from your instructor and peers and save your work. It will be part of your Strategic Plan Final Project for this course).

Initial Post:
In your initial post, provide a brief description of your company and provide a summary of your Operating Budget along with a rationale that supports suggested budgetary changes. Attach your Operating Budget Template to your initial post for review by your instructor and your peers

Tanmoy · Accepted Answer

Strategic Plan – Yum! Brands Inc. (YUM)
Description
Yum! Brands Inc. is a company located in Louisville, Kentucky and it operates in 150 countries with more than 50000 restaurants under the brands of Taco Bell, Pizza Hut and KFC which specializes in cooked foods like chicken, Mexican foods and pizzas. Yum Brands Inc. has also its family’s group brand called The Habit Burger Grill which is also a restaurant and is well known for making instant sandwiches and chargrilled burger. In 2019, it was declared as the best brand by Dow Jones sustainability North America Index. It bagged the top 100 best corporate citizens award by Corporate Responsibility Magazine. It has expanded its business operations to crater the largest foodie market of China in 2016.
The ultimate aim of Yum is to become sustainable and is based on its long term value. They are focusing on serving yummy foods, deliver the food to the customers at the right time, and provide an opportunity for the staffs to grow and give immense opportunities to the different franchisees to prosper. They engage and match their principles with its stakeholders on three key priority areas which are Food, Planet and People. Yum is innovating and expanding itself with the support of 1.5 million employees and franchisees worldwide.
We are here to prepare a budgeted income statement for 30th June 2020 based on the actuals of 31st March 2020 to determine the variations both in amount and in percentage. This will help us to determine the reasons of such variations and various measures that can be taken to reduce such deviations.

Prior to beginning this Interactive Assignment, review the sections of Chapters 5, 8, and 9 in the Abraham’s textbook on Assessing the Company and Operational and Budget Planning. Also read the online...

Answer To: Prior to beginning this Interactive Assignment, review the sections of Chapters 5, 8, and 9 in the...

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