Stenton Corporation, which has three divisions, is preparing its sales budget. Each division expects a different growth
Question:
Stenton Corporation, which has three divisions, is preparing its sales budget. Each division expects a different growth rate because economic conditions vary in different regions of the country. The growth expectations per quarter are 2 percent for East Division, 3 percent for West Division, and 5 percent for South Division.
Required
a. Complete the sales budget by filling in the missing amounts. (Round figures to the nearest dollar.)
b. Determine the amount of sales revenue that the company will report on its quarterly pro forma income statements.
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Related Book For 
Survey Of Accounting
ISBN: 9780073526775
1st Edition
Authors: Thomas Edmonds, Philip Olds, Frances McNair, Bor-Yi Tsay
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