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Please answer the question I got wrong. Cash Budget his personal residence or his office bullding, but he has grown weary of these recurring problems
Please answer the question I got wrong.
Cash Budget his personal residence or his office bullding, but he has grown weary of these recurring problems and has hired a local consultant for advice. information is avallable for a typical month: A total of 32 hours are worked each week. Additional hours could be worked, but Dr. Jones is reluctant to do so because of other personal endeavors that he enjoys. monthly newsletter that is sent to all patients. She also maintains a birthday list and sends cards to patients on their birthdays. newsletter and the birthday list). 1. Prepare a monthly cash budget for Dr. Jones. Enter amounts as positive numbers unless there is a deficiency. 2a. Dr. Jones must elther increase revenues or cut costs or a combination of the two. Consider this recommendation: increase with an increase in sales are dental supplies, lab fees, and utilities (representing about 31% of sales). The remaining expenses are fixed. 2b. Consider this recommendation: savings. Enter amounts as positive numbers unless there is a deficiency. Prepare a cash budget that reflects this recommendation. Feedback Check My Work salarles which are owner withdrawals. 2c. A third possibility is to increase the fees charged for the various dental services. What amount of increase in revenues is needed to cover the deficlency from Requirement 1 ? $ xStep by Step Solution
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