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QUESTION
I am really struggling with this. Here is the problem that I was presented with:
I am really struggling with this. Here is the problem that I was presented with:
The Lees believe that production and sales could double after being on Shark Tank which is scheduled in December of 2018. They want to be prepared for this. Based on the budgeted income statement calculated above for 2018, What will the new budgeted income for 2019 assuming that the production and sales is double the level of 2018?
