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Summer Sweets Company sells special flavor ice cream in pint size containers. The company's most recent quarter ending income statement shows the following: Revenue 6

Summer Sweets Company sells special flavor ice cream in pint size containers. The company's most recent quarter ending income statement shows the following:
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." Be sure to number your responses. This question is worth 15 points, or 3 points per suggested action item.

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