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The _______ method calculates an expenditure level for each category by multiplying an expenditure percentage times forecasted sales.

User Jazaret
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Answer:

Percentage of sales method

Step-by-step explanation:

Percentage of sales method - it is a method or approach used in business to predict the sales of the company on an annual basis. This method helps to determine the total amount of finance need to cover the company's goal.

The main motive behind initiating this method is to predict the sales of the product. This method gives the value in percentage that allows having a look at sales on a relative basis rather than an absolute basis.

User Djenny
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