# List and discuss the pros and cons of using historical-based budgeting? Why type of companies or...

###### Question:

list and discuss the pros and cons of using historical-based budgeting? Why type of companies or industries would benefit the most from this strategy?

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Problem 4-6 Calculating Internal Growth (LO3) The most recent financial statements for Bello Co. are shown here: Income Statement Sales $19.200 Costs 13,050 Current assets Fixed assets Balance Sheet$ 11,760 Debt 27.450 Equity $15,880 23,330 Taxable income$ 6,150 Total $39.210 Total$39,210 Taxes (...