AB 299 STUDY Teaching Effectively / ab299study.com AB 299 STUDY Teaching Effectively / ab299study.com | Page 10

You can go on the Internet and search for videos covering financial
statements.
These are the line items:
Income earned:
Expenses include:
Salaries
Rent
Depreciation
Supplies
Lease (on your refrigerator) Tax
Interest (on loans currently held) Insurance
Checklist:
·
·If and when you made assumptions, based on the increased
sales volume and how it will affect income and expenses, please
describe them and their effects on each line item.
·
·Given what you have assumed and projected, will the total
expenses increase or decrease? Why?
·
·Given what you have assumed and projected, will the net profit
increase or decrease? Why?
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AB 299 Unit 7 Assignment Choosing a Global Supplier