Business, 17.03.2020 03:15 cia196785920

Parliament Company, which expects to start operations on January 1, 2018, will sell digital cameras in shopping malls. Parliament has budgeted sales as indicated in the following table. The company expects a 10 percent increase in sales per month for February and March. The ratio of cash sales to sales on account will remain stable from January through March. Required Complete the sales budget by filling in the missing amounts. Determine the amount of sales revenue Parliament will report on its first quarter pro forma income statement.

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Parliament Company, which expects to start operations on January 1, 2018, will sell digital cameras...

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