answer these questions according to business subject

1. Smitty's currently sells hundreds of models. Would you recommend reducing the number of models/products sold? Why or why not? 2. What marketing strategy will you recommend to increase sales of the company? Explain. 3. Make an income statement for 1998 for the company. All data, including sales, cost of sales, and operating expenses (equal to overheads) is given in the case. Also see below for the format. 4. Should Jeff finance his buy-out ($100,000) through a loan (short-term or long-term?) or through equity? Explain your reasons. 5. Would it be advisable for Jeff to evaluate the company's financial statements? Why or why not? What key information should Jeff seek from the firm's financial statements? 1. Smitty's currently sells hundreds of models. Would you recommend reducing the number of models/products sold? Why or why not? 2. What marketing strategy will you recommend to increase sales of the company? Explain. 3. Make an income statement for 1998 for the company. All data, including sales, cost of sales, and operating expenses (equal to overheads) is given in the case. Also see below for the format. 4. Should Jeff finance his buy-out ($100,000) through a loan (short-term or long-term?) or through equity? Explain your reasons. 5. Would it be advisable for Jeff to evaluate the company's financial statements? Why or why not? What key information should Jeff seek from the firm's financial statements