This time, the case study assignment is to provide you the basic foundational knowledge for...
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Finance
This time, the case study assignment is to provide you the basic foundational knowledge for understanding budgeting. - The first part of the CIP2 was adopted from the practice problems of chapter 6 in your textbook (pp. 217-218). - The second part of the CIP 2 was adopted from the case analysis questions of chapter 6 in your textbook (p. 219) - Must be typed and show your work/calculation process in a word-document format or by excel spreadsheet! Instruction 1. After reading chapter 6: Budgeting, complete the practice problem on pp.217-218 [15 pts] questions. 2. Answer the three case analysis questions on p.219. [15 pts] 1. If you were advising the athletic director at \( \mathrm{CAU} \), what budgeting advice would you provide? 2. What budgeting approach should the athletic department use if it intends to balance its budget in the 2022 fiscal year? 3. For an average athletic department, which budgeting method would most likely keep the program from running a deficit? Why? and evidence, not just by your opinion! "Use times new roman, 12 font size, 1-inch margin, Max. 3 pages: - Practice problems 1 \& \( 2 b \) - use the attached excel file (recommended), if you want you can also include the tables in your document.