To complete this part of the assignment, the following items, as well as those listed above, must be addressed:
I. Budget (Please Note: Respond to the following critical elements in the proposal outline, not on the Excel document)
A. Statements: What statements were utilized for formulating your proposal. Why? Select the appropriate statements for analysis and defend your
choices.
B. Expenses: What major expenses are associated with your proposal items?
C. Budgetary Accounts: What budgetary accounts (i.e., salaries) are impacted, and in what way?
D. Reasoning: Based on the previous year’s budget data, why did you select these budget items for adjustment over other options?
E. Ratios: Research the various ratio options (including ROI) used for reviewing financial statements. Determine what ratios you will use for your
proposal items and explain why.
F. Ratio Calculations: Using budget statements, formulate calculations that support each recommendation.
G. Projected Departmental Budget: Create a projected departmental budget for the upcoming year that incorporates the costs of the proposed
changes.
For additional details, please refer to the Milestone Two Guidelines and Rubric document below.

Is this the question you were looking for? If so, place your order here to get started!