Answered step by step
Verified Expert Solution
Question
00
1 Approved Answer
just need help with the sales revenue part Save & E Help Saved Ch14 Zachary Company, which expects to start operations on January 1, 2018,
just need help with the sales revenue part Save & E Help Saved Ch14 Zachary Company, which expects to start operations on January 1, 2018, will sell digital cameras in shopping malls. Zachary has 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 1 Required 20 points a. Complete the sales budget by filling in the missing amounts. b. Determine the amount of sales revenue Zachary will report on its first quarter pro forma income statement ellock Complete this question by entering your answers in the tabs below. Hirt References Required A Required B Complete the sales budget by filling in the missing amounts. (Round intermediate calculations and final answers to 2 decimal places.) Sales March January February Cash sales Sales on account Total budgeted sales S 50,255.00 S 38.000 S 43.700.00 117,300.00 134,895.00 102.000 $ 185.150.00 S 161,000.00 $140,000 Required nequired A Zachary Company, which expects to start operations on January 1, 2018, will sll digital cameras in shopping malls. Zachary has 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. Required a. Complete the sales budget by filling in the missing amounts. b. Determine the amount of sales revenue Zachary will report on its first quarter pro forma income statement. wok Complete this question by entering your answers in the tabs below. nt ences Required A Required B Determine the amount of sales revenue Zachary will report on its first quarter pro forma income statement. (Round intermediate calculations and final answer to 2 decimal places.) Sales revenue Required A Required
just need help with the sales revenue part
Step by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access with AI-Powered Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started