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1 Complete the 2006% of sales calculations. 2005...




1 Complete the 2006% of sales calculations. 2005 % of sales has been calculated as an example. 2 Answer this question: why is the % of sales for sales 100%? We will now step through each assumption provided in the New Strategic Initiative Assumptions Memo (the original). For each assumption, please indicate which line items on the income statement and balance sheet would be directly impacted by the assumption. Line item reference numbers are provided in Column B of the historical statements. Assumption 1 has been completed as an example. See attached for assumptions


Paper#8722 | Written in 18-Jul-2015

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