Title: Master Budget

Essay Details

Subject: Business
Author: Lynell K
Date: January 8, 2012
Level:
Grade: A
Length: 2 / 495
No of views: 0
Essay rating: good 0, average 0, bad 0 (total score: 0)

Essay text:

A $12,500 monthly gross margin is the result, which is an inadequate amount to meet even the monthly salary and wage bill which is $15,000. In essence the bank loan is to make good the losses incurred in November and December of 2004 and meet the expenses for these two months. Because 60% sales are cash and 100% purchases are on credit the shortage has been felt only in January 2005...

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A $12,500 monthly gross margin is the result, which is an inadequate amount to meet even the monthly salary and wage bill which is $15,000. In essence the bank loan is to make good the losses incurred in November and December of 2004 and meet the expenses for these two months. Because 60% sales are cash and 100% purchases are on credit the shortage has been felt only in January 2005...

Showed next 250 characters

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