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You is a consulting firm that works with managers to improve their interpersonal skills. Recently, a representative of a high - tech research firm approached
You is a consulting firm that works with managers to improve their interpersonal skills. Recently, a representative of a hightech research firm approached BYou's owner with an offer to contract for one year with BYou to improve the interpersonal skills of a newly hired manager. BYou reported the following costs and revenues during the past year before the proposed contract BYOU Annual Income Statement Sales revenue $ Costs Labor Equipment lease Rent Supplies Officers' salaries Other costs Total costs $ Operating profit loss $ If BYou decides to take the contract to help the manager, it will hire a fulltime consultant at $ The equipment lease will increase by percent. Supplies will increase by an estimated percent and other costs by percent. The existing building has space for the new consultant. No new offices will be necessary for this work. c What considerations, other than costs, do you think are necessary before making this decision? check all that apply Whether the contract will provide for more revenues in the future. Whether this will enable the company to get into a new, profitable line of business.unanswered What other opportunities the company has for expanding.unanswered Profitability of the other contracts.unanswered Current financial position of the company.
You is a consulting firm that works with managers to improve their interpersonal skills. Recently, a representative of a hightech research firm approached BYou's owner with an offer to contract for one year with BYou to improve the interpersonal skills of a newly hired manager. BYou reported the following costs and revenues during the past year before the proposed contract
BYOU
Annual Income Statement
Sales revenue $
Costs
Labor
Equipment lease
Rent
Supplies
Officers' salaries
Other costs
Total costs $
Operating profit loss $
If BYou decides to take the contract to help the manager, it will hire a fulltime consultant at $ The equipment lease will increase by percent. Supplies will increase by an estimated percent and other costs by percent. The existing building has space for the new consultant. No new offices will be necessary for this work.
c What considerations, other than costs, do you think are necessary before making this decision?
check all that apply
Whether the contract will provide for more revenues in the future.
Whether this will enable the company to get into a new, profitable line of business.unanswered
What other opportunities the company has for expanding.unanswered
Profitability of the other contracts.unanswered
Current financial position of the company.
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