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MM 6.02 Vocabulary

AB
BudgetAn itemized summary of estimating revenue and expenses for a given period of time.
Sales budgetA forocast of the sales revenue a business expects to earn for a month, a quarter, or a year.
Merchandising budgetA prediction of the amount of its product(s) a business expects to sell over a specified time period
Advertising budgetThe forcast for the amount of money a business should spend on advertising, based on estimated sales
Cash flow projectionAn estimate of the flow of cash coming into and going out of a company over a specified time period
Capital budgetA financial plan used by business for replacing fixed assets or acquiring new ones
Income statement projectionA financial plan showing projected sales, cost, expenses, and profits foe specified periods of time
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Northern Vance High School
Henderson, NC

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