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Teddybear Company's sales are projected to be $35,000 and purchases are projected to be $21,000 for the year 2024. The company expects to buy equipment
Teddybear Company's sales are projected to be $35,000 and purchases are projected to be $21,000 for the year 2024. The company expects to buy equipment and truck and pay $5,500 and $3,200 for each asset, respectively. Rent to be paid at the beginning for two years in advance is expected to be $5,000. End of year 2024 stocks are expected to be $3,800 and the budget supervisor estimates outstanding receivables at end of 2024 to be $1,200 and outstanding payables at that date to be $2,300. The equipment is generally used for ten years and trucks are renewed every five years by selling the trucks at 15% of the acquisition value. For each of the figures above, state in which financial budget, under which classification and the value they will be presented. ANSWER BY CHOOSING THE MOST APPROPRIATE ANSWER FROM BELOW: BUMNX Ahr
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