- Homework Chapter 22 Homework Answer Sarah S Question By Completing The Following Table Budget Purpose Capital Expendit 1 (26.42 KiB) Viewed 34 times
- Homework Chapter 22 Homework Answer Sarah S Question By Completing The Following Table Budget Purpose Capital Expendit 2 (35.12 KiB) Viewed 34 times
Homework: Chapter 22 Homework Question 1, EM7-21 (book/static) Answer Sarah's question by completing the following table Budget Purpose HW Score: 0%, 0 of 5 points O Points: 0 of 1 Sarah Edwards, division manager for Pillows Plus, is speaking to the controller, Diana Rothman, about the budgeting process. Sarah states, Tm not an accountant, so can you explain the three main parts of the master budget to me and tell me their purpose? Answer Sarah's question Save Determines cost of goods sold and inventory for other budgets. Forecasts the sales revenue for the period. Presents the cash budget, the budgeted balance sheet, and the budgeted statement of cash flows. Presents the company's plan for purchasing property, plant and equipment, and other long-term assets. Projects the operating income for the period through the budgeted income statement. sinya MESSARIERTER