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HELP ME PLEASE ANSWER ALL QUESTIONS IM BEGGING REALLY LOVE U GUYS. I TRY TO UNDERSTAND STILL STRUGGLING. THANKS any wordpage can you fix my
HELP ME PLEASE ANSWER ALL QUESTIONS IM BEGGING REALLY LOVE U GUYS. I TRY TO UNDERSTAND STILL STRUGGLING. THANKS any wordpage can you fix my page please
1.Sycamore Company, which expects to start operations on January 1, 2014, will sell digital cameras in shopping malls. Sycamore has budgeted sales as indicated in the following table. The company expects a 12 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. (Round your answers to 2 decimal places.)
SALES January February March
cash salee 37000 sales on account 116000 total budgeted sales 153000
b. Determine the amount of sales revenue Sycamore will report on its first quarter pro forma income statement. (Round your answer to 2 decimal places.)
14. The budget director of Natalias Florist has prepared the following sales budget. The company had $240,000 in accounts receivable on July 1. Natalias Florist normally collects 100 percent of accounts receivable in the month following the month of sale.
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