LP2 Assignment: Case 7 Bluffton Pharmacy

This assignment will assess the competency 2. Apply cash flow management concepts that relate to small business operations. (Ch. 15)

Directions: Read Case 7 Bluffton Pharmacy on page 841 of the textbook. Answer the following questions:

Develop a monthly cash budget for Bluffton Pharmacy for the upcoming year.

What recommendations can you offer Angela Crawford and Martin Rodriguez to improve their pharmacys cash flow?

If you were Bluffton Pharmacys banker, would you be comfortable extending a line of credit to the pharmacy? Explain.

Write a 1-2 page paper detailing the above questions, and be sure to cite your references.