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7-10. i need answers There will be no change in sales prices. Prepare forecasted financial results for next year following the format of the contribution
7-10. i need answers
There will be no change in sales prices. Prepare forecasted financial results for next year following the format of the contribution margin (CVP) income statement for each of the three scenarios (assume a 30% tax rate). 7.) Thinking about coffee shop sales, is there any day of the week or time of day when greater sales are expected? Which shop type (regular, bakery, or drive. thru) is more sensitive to this occurrence? Which product type is less sensitive to this occurrence? Which product type is more advantageous and why? Is there anything else the company can do to manage the decline in sales that come with certain days and times? 8.) Identify at least two advantages and disadvantages of having adding bakery items versus a drive-thru. If sales greatly decrease/or increase, which alternative has the greatest change in net income? 9.) How do you recommend the company use the $30,000 advertising budget available under the Bakery scenario in order to achieve a maximum effect on their target audience? 10.) How do you recommend the company advertise under the Drive-thru scenario since no advertising budget is available? What are some creative methods the company could employ to help advertise the addition of the drive-thru? 11.) Compute the Profit Margin and Return on Assets for each scenario assuming average total assets of $1,000,000. Industry averages are 30% and 5% respectively MacBook Air 1 GN Step by Step Solution
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