Use your budgeted income statement to create a flexible budget for a 5% and 10% increase in sales and again for a decrease in sales. You may have to fix your inventory schedule with these changes in sales forecast. What changes did you notice in your Cash Budget when you inserted the new sales figures?

Statistic Problems 1) Use your budgeted income statement to create a flexible budget for a 5% and 10% increase in sales and again for a decrease in sales. You may have to fix your inventory schedule with these changes in sales forecast. What changes did you notice in your Cash Budget when you inserted the … Read more