Omaha Office Supply's March balance sheet follows: More info
a Sales in April are expected to be $ Omaha forecasts that monthly sales will
increase over April sales in May. June's sales will increase by over April sales. July
sales will increase over April sales.
b Omaha maintains inventory of $ plus of the cost of goods sold budgeted for the
following month. Cost of goods sold equal of sales revenue.
c Monthly salaries amount to $ Sales commissions equal of sales for that month.
d Other monthly expenses are as follows:
Rent: $
Depreciation: $
Insurance: $
Income tax: $
Click the icon to view the balance sheet.
The budget committee of Omaha Office Supply has assembled the following data:
iClick the icon to view the data.
Data table
