What percentage improvement is needed in a sales strategy for profit to improve to $6000? What must sales be for profit to improve to $6000?
What percentage improvement is needed in a sales strategy for profit to improve to $6000? What must sales be for profit to improve to $6000?
Practical Management Science
6th Edition
ISBN:9781337406659
Author:WINSTON, Wayne L.
Publisher:WINSTON, Wayne L.
Chapter2: Introduction To Spreadsheet Modeling
Section: Chapter Questions
Problem 20P: Julie James is opening a lemonade stand. She believes the fixed cost per week of running the stand...
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Question
![Sales, cost and profitability measures for a company are as follows:
% of sales
Sales
Cost of supply chain purchases $65000
Other production costs
Fixed costs
Profit
$100000
65%
$15000
$15000
$5000
15%
15%
5%
What percentage improvement is needed in a sales strategy for profit to improve to $6000? What must
sales be for profit to improve to $6000?
2.](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2F91f819f3-143a-462f-b2e2-57ef3e4e49f9%2F75ea8d1e-ad10-43e0-90de-e1b0d06d49dc%2Foxcvih9_processed.jpeg&w=3840&q=75)
Transcribed Image Text:Sales, cost and profitability measures for a company are as follows:
% of sales
Sales
Cost of supply chain purchases $65000
Other production costs
Fixed costs
Profit
$100000
65%
$15000
$15000
$5000
15%
15%
5%
What percentage improvement is needed in a sales strategy for profit to improve to $6000? What must
sales be for profit to improve to $6000?
2.
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