complete the form and compute the yearly projected sales using the following information. Show your solution in each table I.Let's Connect/ Let's AnalyzeInstruction: Your good friend Jasmine hired you to help her make a Sales Forecast for her start upbusiness. Complete the form and compute the yearly projected sales using the ff. information.Jasmine loves to bake and make delicacies so she decided to start her own business calledJasmine's Sweet Desserts. She's projecting her sales to increase by 9% annually. Assume that the Salesreturn is 2% of her total gross sales each year, sales discount is 3% of the total gross sales each year.Actual Sales Year 2018(Mango Float and Chocolate Cake)TotalMonthlyGross SalesTotal AnnualProductSizesSelling PriceQuantityGross SalesSmall1. MangoFloat20 tubsP 30.00/tubsMediumP 50.00/tubs 20 tubsLargeP 100.00/tubs 20 tubs20 tubs2. ChocolateCakeSmall30.00/tubsMediumP 50.00/tubs20 tubsLargeP 100.00/tubs 20 tubs6.O Type here to search5:52 AMSpeakers: 37% 2022 O a2 Entrepreneurship 11 WeekFabookFile C/Users/arrow/Downloads/Q2-Entrepreneurship 11 Week-4-2.pdf7 /11100%02-Entrepreneurship-11 Week-4-2.pdf6.Jasmine's Sweet Desserts Sales Forecast:ActualPlajected2018201920202021SALESMangoSales-FloatSales- ChocolateCakeGross SalesSales Ret.Allowances&Sales DiscountsNot SalesDiscuss Questions:1. How can sales forecasting help your friend Jasmine improve her cash-in-flow?2. By looking at the forecasted sales suggest marketing or sales strategies to increase theprojected growth rate?P Type here to search5:52 AM2/2/2022

Forecasting in estimation-based targets or expectations in coming years. This may be made by using…

Answered: complete the form and compute the…

complete the form and compute the yearly projected sales using the following information. Show your solution in each table

FINANCIAL ACCOUNTING

10th Edition

ISBN:9781259964947

Author:Libby

Publisher:Libby

Chapter1: Financial Statements And Business Decisions

Section: Chapter Questions

Problem 1Q

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Question

complete the form and compute the yearly projected sales using the following information. Show your solution in each table

I.
Let's Connect/ Let's Analyze
Instruction: Your good friend Jasmine hired you to help her make a Sales Forecast for her start up
business. Complete the form and compute the yearly projected sales using the ff. information.
Jasmine loves to bake and make delicacies so she decided to start her own business called
Jasmine's Sweet Desserts. She's projecting her sales to increase by 9% annually. Assume that the Sales
return is 2% of her total gross sales each year, sales discount is 3% of the total gross sales each year.
Actual Sales Year 2018
(Mango Float and Chocolate Cake)
Total
Monthly
Gross Sales
Total Annual
Product
Sizes
Selling Price
Quantity
Gross Sales
Small
1. Mango
Float
20 tubs
P 30.00/tubs
Medium
P 50.00/tubs 20 tubs
Large
P 100.00/tubs 20 tubs
20 tubs
2. Chocolate
Cake
Small
30.00/tubs
Medium
P 50.00/tubs
20 tubs
Large
P 100.00/tubs 20 tubs
6.
O Type here to search
5:52 AM
Speakers: 37% 2022

O a2 Entrepreneurship 11 Week
Fabook
File C/Users/arrow/Downloads/Q2-Entrepreneurship 11 Week-4-2.pdf
7 /11
100%
02-Entrepreneurship-11 Week-4-2.pdf
6.
Jasmine's Sweet Desserts Sales Forecast:
Actual
Plajected
2018
2019
2020
2021
SALES
Mango
Sales-
Float
Sales- Chocolate
Cake
Gross Sales
Sales Ret.
Allowances
&
Sales Discounts
Not Sales
Discuss Questions:
1. How can sales forecasting help your friend Jasmine improve her cash-in-flow?
2. By looking at the forecasted sales suggest marketing or sales strategies to increase the
projected growth rate?
P Type here to search
5:52 AM
2/2/2022

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