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Case Study Saika Sports Cash Flows

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Saika Sports Cash Flow Saika Sports is a sports center near my home, that offers swimming lessons, a weight gym, aerobic lessons and dance classes. The demand for swimming lessons, the company’s most valuable operation, is low in the winter time. So, Saika Sports management prepares for the winter season by preparing a budget to be followed throughout the year. In order to pay the financial obligations of the slow period, cash budgets are regularly assessed and updated during the year, by the accountant. Saika Sports is a partnership and not a corporation so they do not issue stocks to raise needed cash. In case funds are needed for unexpected expenses not accounted for in the cash budget, or when money is needed for expansion costs, Saika

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