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Course Content / Module 5 / Module 5 Homework #1 Analyzing Segment Revenue Disclosures from Quarterly Data Beyond Meat disclosed the following in its Form

Course Content / Module 5 / Module 5 Homework #1 Analyzing Segment Revenue Disclosures from Quarterly Data Beyond Meat disclosed the following in its Form 10-Q for the first quarter ended March 30, 2019. The company had its initial public offering (IPO) in May 2019. The Company's net revenues by platform and channel are included in the tables below: March 30, For Three Months Ended (in thousands) 2019 Net revenues Fresh platform Frozen platform Less: discounts Net revenues March 31, 2018 $36,090 $9,596 4,512 4,416 (2,894) (1,568) $37,708 $12,444 Module 5 Homework #1 March 30, March 31, For Three Months Ended (in thousands) 2019 2018 Net revenues Retail $18,525 $8,956 Restaurant and food service 19,183 3,488 Net revenues $37,708 $12,444 Two distributors each accounted for approximately 21% of the Company's gross revenues in the three months ended March 30, 2019; and three distributors accounte 11%, respectively, of the Company's gross revenues in the three months ended March 31, 208.
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Analyzing Segment Revenue Disclosures from Quarterly Data Beyond Meat disclosed the following in its form 10-Q for the first quarter ended March 30. 2019. The company had its initial public offering (ipO) in May 2019. The Company's net revenues by platform and channel are included in the tables below: Two distributors each accounted for approximately 21% of the Companys gross revenues in the three months ended March 30,2019 , and three distributors accoun 11%, respectively, of the Companys gross revenues in the three months ended March 31,2C8, Two distributors each accounted for approximately 21% of the Comparys gross revenues in the three months ended March 30. 2019; and three distributors accounted for approximately 34\%. 11%, respectively, of the Company's gross revenues in the thee months ended March 31.2018. a. Calculate the average discount given to customers for the two quarters presented. Note: Hound percentage (your final answen) to one decimal place (for example, enter 6.7% for 6.6555%. Average discount for quarter ended March 30, 2019: Average discount for quarter ended March 31, 2018: b. What do we observe about the level of the discounts across the two quarters? The level of discounts has from 2018 to 2019 C. Beyond Meats revenue grew tremendously between March 2018 and March 2019 . Determine growth rates for each of the platforms and channels disclosed ifresh, Froten, Retail, and Restay Note:Round percentage bour final answer) to the nearest whole perentage point

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