The requirements
REQUIREMENTS
1. Prepare a sales budget for Year 2, showing bot

The requirements
REQUIREMENTS
1. Prepare a sales budget for Year 2, showing both quarterly and total figures.
2. Prepare a schedule of expected cash collections for Year 2, showing both quarterly and total figures.
3. Prepare a production budget for Year 2 and Year 3, showing both quarterly and total figures.
4. Discuss how budgeting can guide Helmex Corporation through the competitive sports equipment industry, emphasizing its role in resource allocation, cost management, and strategic planning during peak sales periods.
5. Explain why accurate sales forecasting is essential for Helmex Corporation’s budgeting, particularly how it impacts production, inventory, and financial planning for peak third-quarter sales.