EXPENSES TOTAL ($) MY 2022 (Year 1) MY 2023 (Year 2) MY 2024, Year 3 Revenues[SI1] Sales $6,400,000 $8,524,000 $10, 366,000 Diversity Grant $1,000,00 $1,000,000
| EXPENSES | TOTAL ($) | MY 2022 (Year 1) | MY 2023 (Year 2) | MY 2024, Year 3 |
| Revenues[SI1] | ||||
| Sales | $6,400,000 | $8,524,000 | $10, 366,000 | |
| Diversity Grant | $1,000,00 | $1,000,000 | $ 1,000,000 |
| EXPENSES | TOTAL ($) | MY 2022 (Year 1) | MY 2023 (Year 2) | MY 2024, Year 3 |
| Salary and Fringes[SI1] | ||||
| Patient Navigators | $120,000 | $300, 000 | $480, 000 | |
| Administrator | $ 40,000 | $41, 200 | $ 42,436 | |
| Research & Development | $1, 381,985 | $1, 549, 625 | $1,707,520 | |
| Training | $200,000 | $200,000 | $200,000 | |
| Equipment | $1, 009, 315 | $122,000 | $122, 000 | |
| Travel (Meetings and Site Inspections) | $184, 447 | $186, 521 | $190, 332 | |
| General Administration | $113,908
| $113, 908 | $113, 908 | |
| Marketing | $127,000 | $127,000 | $127,000 | |
| Office Supplies | $75, 283 | $71,795 | $71,795 | |
| Total Expenses | $3,251,983 | $2, 712, 049 | $3,054,991 |
I need help. Please provide budget assumptions for the revenue and budget above that I created for an assignment. It is not factual budget plan.
Directions:
Sensitivity analysis: Choose at least two independent variables and at least one alternative assumption for each Model each alternative assumption over the course of your project Summarize your findings, including any identified risks and/or changes to your strategy
Step by Step Solution
There are 3 Steps involved in it
Step: 1
Budget Assumptions Revenue Assumptions 1 Sales Revenue Growth Assumption 1 The company anticipates steady growth due to an increase in market share with a yearoveryear sales increase of 3319 from 2022 ... View full answer
Get step-by-step solutions from verified subject matter experts
100% Satisfaction Guaranteed-or Get a Refund!
Step: 2Unlock detailed examples and clear explanations to master concepts
Step: 3Unlock to practice, ask and learn with real-world examples
See step-by-step solutions with expert insights and AI powered tools for academic success
-
Access 30 Million+ textbook solutions.
-
Ask unlimited questions from AI Tutors.
-
Order free textbooks.
-
100% Satisfaction Guaranteed-or Get a Refund!
Claim Your Hoodie Now!
Authors: James M. Wahlen, Stephen P. Baginski, Mark Bradshaw
9th Edition
1337614689, 1337614688, 9781337668262, 978-1337614689
Study Smart with AI Flashcards
Access a vast library of flashcards, create your own, and experience a game-changing transformation in how you learn and retain knowledge
Explore Flashcards
