Final Paper
Youve just been hired onto ABC Company as the corporate controller. ABC Company is a manufacturing firm that specializes in making cedar roofing and siding shingles. The company currently has annual sales of around $1.2 million a 25% increase from the previous year. The company has an aggressive growth target of reaching $3 million annual sales within the next 3 years. The CEO has been trying to find additional products that can leverage the current ABC employee skillset as well as the manufacturing facilities.
As the controller of ABC Company the CEO has come to you with a new opportunity that hes been working on. The CEO would like to use the some of the shingle scrap materials to build cedar dollhouses. While this new product line would add additional raw materials and be more time-intensive to manufacture than the cedar shingles this new product line will be able to leverage ABCs existing manufacturing facilities as well as the current staff. Although this product line will require added expenses it will provide additional revenue and gross profit to help reach the growth targets. The CEO is relying on you to help decide how this project can be afforded. Provide details about the estimated product costs what is needed to break even on the project and what level of return this product is expected to provide.
Financial information is contained in this documentFinal Paper Spreadsheet.
Write a five- to seven-page financial statement analysis of a public company formatted according to APA style as outlined in theAshford Writing Center(Links to an external site.)Links to an external site.. Your paper should consist of the following sections:
Section heading titles should be centered and in bold. Your paper needs to include a minimum of two scholarly resources in addition to the textbook as references. Be sure to integrate your research rather than simply insert it.
Writing the Final Paper
Carefully review theGrading Rubric(Links to an external site.)Links to an external site.for the criteria that will be used to evaluate your assignment.