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General Accounting Discussions: Budgeting query

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  1.  
    • CommentAuthorcoorg
    • CommentTimeNov 12th 2009 edited
     
    The net profits of a company for the stated years were as follows:



    Sales $100,000 (2004) 200,000 (2005)

    Costs $70,000 (2004) 120,000 (2005)



    Calculate the expected net profit for 2006 based on budgeted sales of USD. 300,000. You are required to make a presumption in answering this question.
  2.  
    This budgeting query is very useful and nice and i really like it!
    continue good work!

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