2018-11-01T13:17:45+00:00

Budgeting is an important internal activity.

This paper concentrates on the primary theme of Budgeting is an important internal activity. in which you have to explain and evaluate its intricate aspects in detail. In addition to this, this paper has been reviewed and purchased by most of the students hence; it has been rated 4.8 points on the scale of 5 points. Besides, the price of this paper starts from £ 79. For more details and full access to the paper, please refer to the site.

Budgetings: Break-even Analysis and Planning

Budgeting is an important internal activity. Preparing budgets involve forecasting sales and estimating costs.

Prepare a flexible budget for next year for Lowe`s. The budget needs to be realistic and based on corporate and economic trends.

Prepare budget based on absorption approach. Don`t forget that the presentation of the information is important.

Set up the flexible budget at three levels - minimum, average and high revenues. Use the financial statements and to determine growth trends via computations.

In two pages explain the following in two plus pages:

Explain your estimates and prepare a flexible budget showing the low, the average, and the high revenues and adjust all other line items in the income statement to reflect the revised revenue assumptions.

What is the growth rate in sales for the past three years?

Are revenues and expenses growing at the same rate? What was the experience in the past few years?

What is the current growth rate in the economy?

How are the competitors doing esp. Home Depot?

Current interest rates and tax burdens.


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