Question: In 2012, Barney and Co. saw a decrease in sales of 20%. The company had also recently purchased equipment to increase productivity, but has incurred
In 2012, Barney and Co. saw a decrease in sales of 20%. The company had also recently purchased equipment to increase productivity, but has incurred the additional expense of paying back the loan for equipment. The loan makes up for 5% of the company's total expenditures for the period (1 year).
Include how the company plans to accommodate for the decrease in sales.
CREATE A BUDGETING PLAN FOR 2014
Give one suggestion for maximizing the budget in response to the eqipment purchase.
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