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Prepare a master budget for Company L for the fiscal year 2024 using the following information: Sales Revenue Forecast: $2,000,000 Variable Costs as a Percentage
- Prepare a master budget for Company L for the fiscal year 2024 using the following information:
- Sales Revenue Forecast: $2,000,000
- Variable Costs as a Percentage of Sales: 60%
- Fixed Costs: $500,000
- Expected Income Tax Rate: 20%
- Desired Ending Cash Balance: $100,000
- Sales Revenue Forecast: $2,000,000
- Variable Costs as a Percentage of Sales: 60%
- Fixed Costs: $500,000
- Expected Income Tax Rate: 20%
- Desired Ending Cash Balance: $100,000
Prepare the master budget for Company L based on the provided data.
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International Marketing And Export Management
Authors: Gerald Albaum , Alexander Josiassen , Edwin Duerr
8th Edition
9781292016924
