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What is the company total budget for the next year

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Question - Xander Company's CFO anticipates making adjustments to next year's planning budget based upon an anticipated 5.0% rate of inflation. A few selected items from the current planning budget are as follows: (1) Total salaries expenses = $250,000, (2) Health care expenses = $100,000, (3) Depreciation = $65,000, and (4) Interest expense = $37,750, 10-year fixed interest rate loan.

After adjusting for inflation, what is the company's total budget for the next year for the four selected items?

Reference no: EM133141513

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