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Ayesha's Company Will Be Raising the Prices of Its Basic

question 52

Multiple Choice

Ayesha's company will be raising the prices of its basic services, and Ayesha must write to customers to inform them of these increases. What is the most important thing she should do when writing this message?

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Definitions:

Budgeted Income Statement

A financial statement that forecasts a company's revenue, expenses, and net income for a future period.

Budgeted Balance Sheet

A projection of a company's financial position at a future date, detailing assets, liabilities, and equity.

Production Budget

A financial plan that estimates the number of units to be produced to meet sales goals within a given period.

Raw Materials

Fundamental components or substances used at the beginning of the production process to manufacture goods.

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