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Check my work Exercise 14-2 Preparing a sales budget LO 14-2 Finch Company, which expects to start operations on January 1, 2018, will sell digital
Check my work Exercise 14-2 Preparing a sales budget LO 14-2 Finch Company, which expects to start operations on January 1, 2018, will sell digital cameras in shopping malls. Finch has budgeted sales as indicated in the following table. The company expects a 10 percent increase in sales per month for February and March. The ratio of cash sales to sales on account will remain stable from January through March. Required a. Complete the sales budget by filling in the missing amounts. b. Determine the amount of sales revenue Finch will report on its first quarter pro forma income statement. Complete this question by entering your answers in the tabs below. Required A Required B Complete the sales budget by filling in the missing amounts. (Round intermediate calculations and final answers to 2 decimal places.) Sales January February March Cash sales $ 49,000 Sales on account 107.000 Total budgeted sales $ 156,000 Required 3 > Check my work Exercise 14-2 Preparing a sales budget LO 14-2 points Finch Company, which expects to start operations on January 1, 2018, will sell digital cameras in shopping malls. Finch has budgeted sales as indicated in the following table. The company expects a 10 percent increase in sales per month for February ar March. The ratio of cash sales to sales on account will remain stable from January through March. Skipped Required eBook a. Complete the sales budget by filling in the missing amounts. b. Determine the amount of sales revenue Finch will report on its first quarter pro forma income statement Hint Print References Complete this question by entering your answers in the tabs below. Required A Required B Determine the amount of sales revenue Finch will report on its first quarter pro forma income statement. (Round intermediate calculations and final answer to 2 decimal places.) Sales revenue Reguired A
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