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Exercise 7-2A (Algo) Preparing a sales budget LO 7-2 7.69 Zachary Company, which expects to start operations on January 1, year 2, will sell digital
Exercise 7-2A (Algo) Preparing a sales budget LO 7-2 7.69 Zachary Company, which expects to start operations on January 1, year 2, will sell digital cameras in shopping malls. Zachary has Points budgeted sales as indicated in the following table. The company expects a 15 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. [fl Required References 3. Complete the sales budget by lling in the missing amounts. b. Determine the amount of sales revenue Zachary will report on its rst 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 lling in the missing amounts. (Do not round intermediate calculations. Round final answers to two decimal places.) Required B ) Complete this question by entering your answers In the tabs below. Required A Required B Determine the amount of sales revenue Zachary will report on its first quarter pro forma income statement. (Do not round intermediate calculations. Round nal answers to two decimal places.)
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