I do always appreciate your precious teaching to the people, and I believe majority people have been learning from your lectures immens things and probably they have not learned in campus. You are a best Professor!
Hello Professor, thank you for such an amazing lecture. It helps me understand the flow of a Master Budget. However, I have a small question. Is there any cases, where company purchases a new equipment in the forecast period (which we make budget) but the depreciation stay the same (fixed expenses) for all the forecast period?
Hello Professor, it really help me in understanding the basics of Master Budget, however I am confused in the last part of the Cash Budget, as t how did you get the $70 interest rate in the month of May and so as for June and July.