Question: Please help answer required questions 1-5 PROBLEM 9-27 Completing a Master Budget [L09-2, LO9-4, LO9-7, LO9-8, LO9-9, L09-10 The following data relate to the operations

Please help answer required questions 1-5

Budget [L09-2, LO9-4, LO9-7, LO9-8, LO9-9, L09-10 The following data relate to

the operations of Shilow Company, a wholesale distributor of con- sumer goods:

Current assets as of March 31: Cash . $8,000 .$36,000 . $120,000

Buildings and equipment, net.. Capital stock. . . $150,000 ...$12,250 The gross

PROBLEM 9-27 Completing a Master Budget [L09-2, LO9-4, LO9-7, LO9-8, LO9-9, L09-10 The following data relate to the operations of Shilow Company, a wholesale distributor of con- sumer goods: Current assets as of March 31: Cash . $8,000 .$36,000 . $120,000 Buildings and equipment, net.. Capital stock. . . $150,000 ...$12,250 The gross margin is 25% of sales. Actual and budgeted sales data: a. b. April May .. June. July $60,000 $90,000 .$48,000

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