Compute the total sales to be reported on the sales budget
Grafton sells a product for $750. Unit sales for May were 900 and a 4% growth in unit sales is forecasted for each month. Compute the total sales to be reported on the sales budget for month ended June 30.
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Determine the amount of additional financing needed and pro forma financial statements (that is, balance sheet, income statement, and selected financial ratios) for 2009 under each of the following conditions:
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