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Q1.5 pts With the following information, prepare an operating budget for one of CompuTech's departments for 2014. The operating results for 2013 for this department

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Q1.5 pts With the following information, prepare an operating budget for one of CompuTech's departments for 2014. The operating results for 2013 for this department are as follows: Revenue $32,400 Cost of sales (21,600) Gross profit 10,800 Salaries (8,000) Profit $ 2,800 In 2013, the department sold 5,400 units and the retail sales price per unit was $6.00. The purchase price per unit was $4.00. A portion of the salaries, $8,000, was allocated to that department. Both the controller and the sales manager made planning assumptions for the 2014 budget year. They projected a 6% increase in the number of units to be sold and that both the selling price cost of sales would increase by 2%. Salaries will show an 8% increase. Q 2. 10 pts Financial Indicators Use CompuTech's financial statements for 2014 in Appendix A to calculate the following: 1. The company's sustainable growth rate 2. The company's Z-score

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