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I am stuck on where the questions are. please help For this assignment, we will be performing a financial analysis using two different pricing methods
I am stuck on where the questions are. please help
For this assignment, we will be performing a financial analysis using two different pricing methods to calculate their monthly profits and determine which pricing option results in the best outcome for the funeral home. As a future business owner/manager, this is a typical analysis you should be performing to determine how to strategize best for your firm. In reality, you would need a lot more data than a few months due to the inherent fluctuations of our business to draw true strategic results. Funeral Home A They utilize a fixed multiplier of 2.5 for their caskets Funeral Home B They utilize a fixed dollar amount of $1,000 for their caskets January February For your assignment, I want you to determine the total Wholesale Cost of both funeral homes, total sales and Gross Margin. Lastly, input which method results in a better profit to the funeral home. Also, include which pricing method you prefer and reasoning. For your assignment, I want you to determine the total Wholesale Cost of both funeral homes, total sales and Gross Margin. Lastly, input which method results in a better profit to the funeral home. Also, include which pricing method you prefer and reasoningStep by Step Solution
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