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What effect will have on net income in the budget

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Reference no: EM132012137

Question: Prompt: For this assignment, refer to the University Day Care Center case study by David W. Young in your Harvard Business Review case studies. You will need to register a username and password if you have not done so already. Review the entire case study and complete the task below.

Based on your analysis of the most recent profit and loss statement for the university day care center, compare the actual to budgeted revenues and expenses.

Prepare a budget for the upcoming year, considering the following assumptions:

1. Management wants to increase revenues by 15%.

2. There will be an additional two full-time staff members needed at a cost of $40,000.

3. What effect will this have on net income in the budget?

Guidelines for Submission: Your budget must be submitted as a Microsoft Excel document.

Article: The crimson press curriculum center the crimson group inc

Reference no: EM132012137

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