2. For every 30 cents spent on SG&A, the Industry generates $1.00 in Net Sales. You calculate Living Earth's SG&A relationship to Net Sales (show work) and report your comparison of Living Earth to the Industry. E G 1 Living Earth, LLC. 2 Case Challenge 3 This do-over offer is for anyone interests. Review grading rubrica) S 2013 57.823 41.049 16,774 COMPANY DATA 2013 2014 100.0% S 62,823 71.0% $ 37,694 29.0% 25.129 2014 100% 60% 40% INDUSTRY INDUSTRY 2013 2014 10096 100% 4096 35% 3096 S 13,906 24.0% $ 75% 6 7 Net sales 3 Cost of goods sold - Gross profit Advertising/Overhead Expenses to (Advertising is 30% of Overhend) 11 Operating profits 12 Interest expense 13 Interest income 14 Profits before tax 15 Income taxes 36 Net profits 17 S 1096 2,868 1,071 20 1.817 754 1.063 5,0% $ 1.996 $ 0.0% S 3.1% S 1.39S 1.8% 15,906 25% 9.223 159 2,029 396 50 0% 7.244 12% 1.222 2% 6,022 1096 S s 596 18 19 1 2. For every 30 cents spent on SG&A, the Industry generates $1.00 in Net Sales. You calculate Living Earth's SG&A relationship to Net Sales (show work) and report your comparison of Living Earth to the Industry. E G 1 Living Earth, LLC. 2 Case Challenge 3 This do-over offer is for anyone interests. Review grading rubrica) S 2013 57.823 41.049 16,774 COMPANY DATA 2013 2014 100.0% S 62,823 71.0% $ 37,694 29.0% 25.129 2014 100% 60% 40% INDUSTRY INDUSTRY 2013 2014 10096 100% 4096 35% 3096 S 13,906 24.0% $ 75% 6 7 Net sales 3 Cost of goods sold - Gross profit Advertising/Overhead Expenses to (Advertising is 30% of Overhend) 11 Operating profits 12 Interest expense 13 Interest income 14 Profits before tax 15 Income taxes 36 Net profits 17 S 1096 2,868 1,071 20 1.817 754 1.063 5,0% $ 1.996 $ 0.0% S 3.1% S 1.39S 1.8% 15,906 25% 9.223 159 2,029 396 50 0% 7.244 12% 1.222 2% 6,022 1096 S s 596 18 19 1