Business located near: Kumon Math and reading program

The Summative Assessment requires practical application of the knowledge you have gained to complete a comprehensive project. The project is a real-world example including data from a business located near you.

After your analysis of the business scenario, take into consideration the concepts you have learned in the class. You will create profit margins for each product identifying which products have the highest profit potential based on the information you have been given. The products will be categorized from most to least profitable.

Outline in Your Paper: a)Introduction: Business scenario of your choice to analyze Background on the business For that business, identify variable cost, fixed costs, selling prices, sales volume, and mix of product sold

b)Create profit margins for each product

c)Identifying which products have the highest profit potential based on the information you have been given

d)Categorize from most to least profitable

e)Conclusion: Closing thoughts about this business scenario

You must show your work and provide a summary of why one product is more profitable than the other. If sources are quoted and utilized in your paper, make sure to cite appropriately. Hint You will need to use some financial ratios to reinforce your profit analysis.