What would the budget look like for the year

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Reference no: EM132641966

Problem 1: Given the annual revenue data below, calculate the growth rate:

Year amount

2017 1,000,000

2018 990,000

2019 1,100,000

2020 1,225,000

Problem 2: What would this budget look like for this year for the Administrative Department at Webster Company based on the following information:

Last Year Forecasting Assumption Budget for this Year

Salaries $75,000 2% increase ___________

Stationary $ 900 1% decrease ___________

Telephone $ 2,000 5% increase ___________

Electricity $ 4,000 2.5% increase ___________

Office Rent $15,000 2% increase ___________

Depreciation $ 5,000 no change ___________

Total: $101,900

Reference no: EM132641966

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