Advanced Enterprises Reports Year-End Information from 2018 as Follows

question 73

Multiple Choice

Advanced Enterprises reports year-end information from 2018 as follows:

Advanced is developing the 2019 budget.In 2019 the company would like to increase selling prices by 13.5%,and as a result expects a decrease in sales volume of 9%.All other operating expenses are expected to remain constant.Assume that cost of goods sold is a variable cost and that operating expenses are a fixed cost.
What is budgeted sales for 2019?

• A)$1,090,735
• B)$961,000
• C)$992,569
• D)$874,510

---

Definitions:

Typefaces

Designs of text characters, including aspects like size, weight, and style, used in printing and digital displays.

Predefined Shapes

Graphic elements provided within software applications that can be quickly inserted and customized in documents or designs.

Visual Interest

The aspect of a design that makes it appealing to look at by incorporating elements like color, shape, and texture to attract attention.

Slide

An individual page within a presentation program that can contain text, images, and other media used to convey information.