The beginning cash balance is $15,000. sales are forecasted at $800,000 of which 80% will be on credit. 70% of credit sales are expected to be collected in the year of sale. cash expenditures for the year are forecasted at $475,000. accounts receivable from previous accounting periods totaling $9,000 will be collected in the current year. the company is required to make a $15,000 loan payment and an annual interest payment on the last day of every year. the loan balance as of the beginning of the year is $90,000, and the annual interest rate is 10%.compute the excess of cash receipts over cash disbursements.

Anheuser-busch inbev is considering you for an entry-level brand management position. you have been asked to prepare an analysis of the u.s. craft beer industry as part of the selection process. prepare a 3-5 page report that includes a description of the industry’s strategically relevant macro-environmental components, evaluates competition in the industry, assesses drivers of change and industry dynamics, and lists industry key success factors. the company’s management also asks that you propose the basic elements of a strategic action plan that will allow the company to improve its competitive position in the market for craft beer. you must provide a heading in your report for each of the required elements of the assignment.