Question: 2 & 3 will upvote thank you Question 2 1 pts You are about to produce a forecast for the income statement by using the

 2 & 3 will upvote thank you Question 2 1 pts

You are about to produce a forecast for the income statement by

2 & 3 will upvote thank you

Question 2 1 pts You are about to produce a forecast for the income statement by using the "percent of sales" method. Given the picture above, what should be the formula in F6 cell that will help to your forecasting of the General Admin and Selling Expenses? =C3/C$3 none of the answers is correct. =B3/B$3 =D3/D$3 =C/C$3 Question 3 1pts After you apply the percent of sales method and forecast the balance sheet shown above, what is the dollar value in B34 to find the Discretionary Funds Needed (DFN) for 2016 assuming that 2016 is the forecast year? none of the answers is correct. $286,880 $705,554 $601,293 $356,927

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer
Step: 1 Unlock blur-text-image
Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock
Step: 3 Unlock

Students Have Also Explored These Related Finance Questions!