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QUESTION 22 Summer Sweets Company sells special flavor ice cream in pint size containers. The company's most recent quarter ending income statement shows the following

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QUESTION 22 Summer Sweets Company sells special flavor ice cream in pint size containers. The company's most recent quarter ending income statement shows the following 15 points Revenue 60,000 pints x $4.00 $240,000 Cost of Goods Sold 60,000 pints x $2.25 $ 135,000 Gross Profit $ 105,000 Operating Expenses Salaries $ 60,000 Rent $ 35,000 Insurance $ 20,000 Miscellaneous $ 15,000 Total Operating Expenses $130,000 Net Loss ($25,000) In order to stay in business, the company's goal is to shift from a net loss to net income position. Your job is to come up with five specific suggestions for Summer Sweets Company to Improve profitability. In your suggestions, be sure to mention the specific income statement line impacted by your suggested action item and the action that could be taken to drive the improvement. You will not receive full credit for simply saying "decrease.... expense." He sure to number your responses. This question is worth 15 points, or 3 points per suggested action item For the toolbar, press ALT F10 (PC) or ALTFN.F10 (Mac) B 1 VS Paragraph Arial 10pt IEE A21 Q SEX X 11. + v 14 FE o ) WORDS OWCHO Y TINT

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