Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

excel QUESTION 1 Below is the achieved sales revenue for the month of February 2018. Prepare a report if the for the following sales summaries

excel
image text in transcribed
QUESTION 1 Below is the achieved sales revenue for the month of February 2018. Prepare a report if the for the following sales summaries by the end of February 2018 Scenario 1 - If the sales revenue is projected to be increased up to $300,000.00, sales return to be decreased up to 10000 and cost of goods sold to be reduced up to 45000 . Expenses will remain the same Scenario 2 - If the sales revenue is projected to be reduced up to $180,000.00, sales return to be increased up to $25,000 and cost of goods sold to be increase up to $60000. Expenses will increase up to $1500. Revenue 250000 (Less) Sales return 12000 (Less) COGS 50000 Gross Profit 188,000 (Less) Total Expenses 10000 Net Profit 17800

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image_2

Step: 3

blur-text-image_3

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Auditors Letter Handbook

Authors: American Bar Association Business Law Section

2nd Edition

161438973X, 978-1614389736

More Books

Students also viewed these Accounting questions

Question

In the circuit shown, if V0=445° V, find I1 2

Answered: 1 week ago