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Rambo and Sons buys T-shirts in bulk, applies its own trendsetting silk-screen designs, ans sells the T-shirts to a number of retailers. Rambo & Sons
Rambo and Sons buys T-shirts in bulk, applies its own trendsetting silk-screen designs, ans sells the T-shirts to a number of retailers. Rambo \& Sons buys T-shirts in bulk, applies its own trendsetting silk-screen designs, and then sells the T-shits to a number of retailers. Rambo wants to be known for its trendsetting designs, and it wants every teenager to be seen in a distinctive Rambo T-shirt. Rambo presents the following data for its first two years of operations, 2019 and 2020 Click the icon to view the data.) Read the reguirements. Requirement 1. Calculate Rambo's operating income in both 2019 and 2020. Data table Administrative costs depend on the number of customers Rambo has created capacity to support, not on the actual number of customers served. Rambo had 3,800 customers in 2019 and 3,700 customers in 2020 . Requirements 1. Calculate Rambo's operating income in both 2019 and 2020. 2. Calculate the growth, price-recovery, and productivity components that explain the change in operating income from 2019 to 2020. 3. Comment on your answers in requirement 2. What does each of these components indicate
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