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NEED ANSWERS FOR 1,2 and 3. Amazing.org is a fictitious company. Amazing.org generates revenue from three main business lines: (1) online store sales, (2) fees
NEED ANSWERS FOR 1,2 and 3.
Amazing.org is a fictitious company. Amazing.org generates revenue from three main business lines: (1) online store sales, (2) fees for services and memberships, and (3) its Amazing Web Service (AWS) cloud computing platform. Amazing.org Revenues Year 5 Year 6 Year 4 Year 7 $50,000 Online Store Sales Fees for Services and Memberships Amazing Web Service (AWS) U $40,000 $30,000 $20,000 LL $10,000 $0 Proportion of Revenue from Business Lines 6096 Online Store Sales 5096 4096 Fees for Services and Memberships 3096 Amazing Web Service (AWS) 2096 1096 096 Year 4 Year 7 Required: 1. According to the bar graph, which of the three main business lines generated the most revenue in Year 7? How much revenue did this line generate in Year 7? 2. The rocket-line graph shows the proportion of revenue contributed by the three main lines of business. According to this graph, which business line has had the greatest proportionate increase between Year 4 and Year 7? What percentage of total revenue did this line of business contribute to Amazing.org's total revenues in Year 4 and Year 7? 3. What additional information from the income statement would you require to determine the company's net profit margin in Year 7Step by Step Solution
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