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Financial State Financial Statements - Income Statement Inductru Standard Ratinc 1) Making a business report...

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Accounting

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Financial State Financial Statements - Income Statement Inductru Standard Ratinc 1) Making a business report analyzing all the accounting, business weaknesses? 2) Tom wants to prepare a quarterly sales budget for 2024 to 2026. Assuming that the company sells 1.5 times more during the spring and summer months than in the Fall and Winter. Tom is forecasting that the company will sell 300 bags during the winter month of 2024 as the company is quickly growing. What is the estimated budgeted total revenue per year for 2024, 2025 and 2026 ? He expects handbag demand to increase by 20% year as well. 3) Does the company benefit when they open new store with estimating rental costs of $2,000/ month, utilities of $400/ month, a one-time investment in store design of $7,000 and recurring salary expenses $5,000/ month. Tom expects this change to increase sales revenue to 8 times its current levels and reduce the seasonality of the sales. Operating online costs $8,000 per year in hosting and requires $250/ month in order fulfillment employee wages

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