You're going into business and need to set credit terms for your customers. Evaluate the following options and tell us which you feel would be best for your company and why? 4/10, 3/15, 2/20 or net 30.

We learned about preparing budgets in Chapter 15. What factors would go into your thought process for budgeting for the following expense line item - Employee Health Insurance? In other words, what would you look at in order to properly budget this expense line item?

Why do you suppose companies that prepare cash budgets have a minimum cash balance?

Your client - an asphalt paver located here in the State of Michigan has averaged $1,000,000 of sales per month over the past calendar year. Based on the information provided, prepare a sales forecast for your client broken down on a monthly basis You will need to provide a monthly total for each month (January - December) as well as an annual total.

You will need to present your sales forecast on a month by month basis

All the information that you need to prepare this sales forecast is included in the question