958/2961259430360760321/ A As it prepares its cash budget, Boulder Company expects its inventory levels to remain constant. How does this impact the cash budget? The cost of inventory purchases is expected to be less than total sales. O Inventory purchases are expected to be the same as cost of goods sold. O Inventory purchases are expected to be greater than cost of goods sold. The cost of inventory purchases is expected to be more than total sales.
Master Budget
A master budget can be defined as an estimation of the revenue earned or expenses incurred over a specified period of time in the future and it is generally prepared on a periodic basis which can be either monthly, quarterly, half-yearly, or annually. It helps a business, an organization, or even an individual to manage the money effectively. A budget also helps in monitoring the performance of the people in the organization and helps in better decision-making.
Sales Budget and Selling
A budget is a financial plan designed by an undertaking for a definite period in future which acts as a major contributor towards enhancing the financial success of the business undertaking. The budget generally takes into account both current and future income and expenses.
Hi student
Since there are multiple questions, we will answer only first question.
Cash budget is one of the important budget being prepared in business, which shows all cash inflows and cash outflows of the business for the particular period.
Trending now
This is a popular solution!
Step by step
Solved in 2 steps
