Question
Go to the Sales Budget tab and create a line chart that provides a monthly sales trend analysis. Which of the following statements are true
Go to the Sales Budget tab and create a line chart that provides a monthly sales trend analysis.Which of the following statements are true based on the line chart that you created in requirement 7a? check all that apply 1
The company's sales peak during the summer months.
The company's lowest sales occur in February.
The company's sales are relatively consistent throughout the year.
The monthly sales continuously drop from August through December.
Go to the Sales Budget tab and create a line chart that includes the monthly sales trend analysis from requirement 7a plus another trend line pertaining to the monthly cash collections from customers.
d. Which of the following statements are true based on the line chart that you created in requirement 7c?
check all that apply 2
The company's sales are seasonal, but its cash collections are relatively constant throughout the year.
The company's cash collections lag its sales.
The company's sales lag its cash collections.
The companys cash collections are seasonal, but its sales are relatively constant throughout the year.
e. Go to the Budgeted Income Statements tab and create a line chart that includes the monthly sales trend analysis from requirement 7a plus another trend line pertaining to monthly net income.
f. Which of the following statements are true based on the line chart that you created in requirement 7e? check all that apply 3
The sales peak during the winter months and net income peaks during the summer months.unanswered
The sales peak during the summer months and net income peaks during the winter months.unanswered
The sales and net income both peak during the summer months.unanswered
The sales and net income both peak during the winter months.
Williams Company Budgeted Income Statements For This Year (Absorption costing basis) Williams Company Budgeted Income Statements For This Year (Absorption costing basis)Step by Step Solution
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