ACC 206 Financial Risk Assessment and Strategic Planning for ABC Company's Expansion Project - Ashford University

This assignment assesses financial risks and provides strategic planning for ABC Company's expansion project.

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ACC 206 Financial Risk Assessment and Strategic Planning for ABCCompany's Expansion Project-Ashford University"Evaluate the financial condition of ABC Company and analyze the feasibility of its new cedardollhouse project. Discuss the company's overall risk profile in relation to current economic andindustry challenges, including cost escalation and labor shortages. As a management accountant,outline your key responsibilities in the project and provide strategic recommendations for theCEO to ensure project success. Support your response with relevant financial statements, costingmethods, and risk management strategies. Your response should be at least1,5002,000 wordsand include references to industry best practices and financial accounting principles."

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Final Paper2Ashford UniversityACC 206AbstractThis final paper is expressing the financial condition of the ABC Company. The ABCCompany is a manufacturing firm that specializes in making cedar roofing and siding shingles,introducing the new project to build cedar dollhouses by shingle scrap materials for reaching$3million annual sales within the next 3 years.Explain the overall risk profile of the ABCCompanybased on current economic and industry issues.In order to help out the CEO Ipreparereports that will contain the information regarding the project. Thesestatementsrefer tothe accompanying Excel spreadsheet as well as word documents. Thestatementsare;Cash Flowstatements, Product Cost, Net present value, Depreciation, Contribution Margins and Break-evenPoint of sales.In the last conclude the major risk factors in this project, management accountantresponsibilities of the project and recommendations.I.An overall risk profile of the companybased on current economic and industry issues thatit may be facing.It’s a mystifying time to be in the manufacturing industry. After a severe global financialcrisis hasten merchandise prices and flounce to the side a year detonation, a promising revivalgive the industry reason to hope. But the global economy hasdegenerated into anotherlesssevere downturn in 2011, hinderingglobal demand and forcing downmerchandiseprices once
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