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For Q1-Q5, all relevant data is here: http://www.small-big-data.com Save the Fish Market Sea Bass.txt file and Fish Market See Bass Transactions.txt file as txt and
For Q1-Q5, all relevant data is here:
http://www.small-big-data.com
Save the "Fish Market Sea Bass.txt file" and "Fish Market See Bass Transactions.txt file" as txt and import in excel
Thanks!!
Joseph Czerniakow is the owner of a fish market. To better understand his business Joseph asked his assistant, Rachel Hirsh, to record the weights of See Bass delivered to his business during one month. He also asked Rachel to record information about all sales transactions. Open Fish Market See Bass.txt and Fish Market See Bass Transactions.txt files. The first data set shows the weights of See Bass, in pounds, delivered to Joseph's fish market during one month. For the whole monthly delivery, the supplier charged Joseph $24,951.90. The second data set gives information about Joseph's sales: for each transaction the weight of the fish sold, in pounds, and the total amount charged in this particular transition, in dollars, are given. Joseph pays a monthly rent of $2,000 for his store and $1,000 for utilities (electricity, heating, water, sewer, garbage removal, phone, WiFi, etc.). The issuance bill is an additional $500. Joseph's monthly salary is $4000 and Rachel's is $2500. In addition, Joseph always employs several part-time sales associates for a total of 200 hours per month at an hourly wage of $12 Joseph would like to find out if his business is profitable, how much of the delivered fish are sold to customers, and how much fish are "lost on the way" and represent shrinkage To assess his profitability, Joseph ask Rachel to prepare an internal income statement for his business for one month. This income statement should include 5 rows: Sales Revenue/(Less) Cost of Goods Sold/Gross Profit/(Less) Operating Expenses/operating IncomeStep by Step Solution
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