1. C&F Enterprises, Inc.: Realizing the Need for a Budget
2. Introduction to Budgeting
   1. Benefits of Budgeting
   2. Potential Barriers to Effective Budgeting
   3. The Master Budget
      1. Operating Budgets
      2. Cash Flow Budgets
      3. Capital Use Budgets
      4. Financial Statement Budgets
3. Developing Budgets
   1. Operating Budgets
   2. The Sales Budget
   3. Operating Expense Budget
      1. Fixed Costs
      2. Variable Costs
   4. Contribution Margin Versus the Traditional Income Statement
   5. Estimated Contribution Margin and Projected Net Income
   6. Inventory Purchases Budget
   7. The Cash Flow Budget
      1. Cash Receipts
      2. Cash Payments
      3. Other Cash Flows
   8. Capital Use Budget
      1. Evaluating Investment Opportunities
      2. Preparing the Capital Use Budget
      3. Beginning Balances
      4. Revenue from Services and Cash Collections
      5. Cash Paid for Salaries and Wages and Bookkeeping
      6. Cash Paid for Supplies
      7. Cash Paid for Rentals and Fuel
      8. Cash Paid for Advertising
      9. Cash Paid for Interest, Taxes, and Other Expenses
      10. Cash Paid for Equipment
      11. Cash Paid for Dividends
   9. The Budgeted Balance Sheet
   10. The Budgeted Income Statement
   11. The Budgeted Statement of Cash Flows