--%>
Assignment Help - homework help

Define sales budget

Give a short introduction of the term “sales budget”? While preparing the sales budget what are the factors which can be taken?

E

Expert

Verified

Sales budget is the budget of whole sales expressed in terms of money or quantity. It is the between two factors that is, sales selling price and quantity.

Factors are taken into consideration while predicting for sales quantity are illustrated below:

- Investigation of Past Trend
-Reports through Salesmen
-Market investigation and Market study
-General Economic situations

Factors are taken into account while predicting for selling price is illustrated below:

-Cost value of the product
-likely amount of profits
-Selling price charged through the competitors
-Advertisement and sales promotion methods employed through the company.

   Related Questions in Financial Accounting

  • Q : Characteristics of Zero coupon bonds

    State the characteristics of the Zero coupon bonds market instrument.

    		•
  • Q : Causes of decreasing of Gross profit

    What are the various causes of decreasing of Gross profit margin?

    		•
  • Q : Accouning Required parts are clearly

    Required parts are clearly describes at the end of the questions and additional resource contains the journal article related to question three.. Approx 2000 word assignment.. First Question is of not more than 1000 words to make memorandum and its example is given at end of assignment and require

    		•
  • Q : Variants of basic interest rate and

    Discuss briefly some of the variants of the basic interest rate and currency swaps.

    		•
  • Q : Responsibility Accounting Explain the

    Explain the term Responsibility Accounting and types of responsibility centres with example?

    		•
  • Q : Increase the return without any

    Suppose that treasurer of IBM has an extra cash reserve of $1,000,000 to invest for the six months. Six-month interest rate is 8% per annum in U.S. and 6% per annum in the Germany. Presently, spot exchange rate is DM1.60 per dollar and six-month forward exchange rate

    		•
  • Q : How Social Darwinism support business

    What is Social Darwinism and how it was utilized to support business?

    		•
  • Q : Eliminating exposure of the currency

    Banks find it essential in order to accommodate their client’s requirements for buying or selling foreign exchange forward, in several instances for the hedging purposes.  How the bank can eliminate the exposure of the currency it has made for itself by acc

    		•
  • Q : Essential condition for

    Specify the essential condition for the fixed-for-floating interest rate swap to be possible?

    		•
  • Q : Advance methods which are used in banks

    What are the advance methods which are used in banks presently?

    		•