The writer is very fast, professional and responded to the review request fast also. Thank you.
Donna Tse has recently accepted the position of assistant manager at Cycle World, a bicycle store in St. Louis. She has just finished her accounting courses. Cycle World’s manager and owner, Jeff Towry, asks Tse to prepare a budgeted income statement based on the information he collected. Tse’s budget follows:
Sales Revenue $244,000
Cost of Goods Sold 177,000
Gross Profit $ 67,000
Selling and Admin Expenses:
Salaries and Commissions Expense $46,000
Rent Expense 8,000
Depreciation Expense 2,000
Insurance Expense 800
Miscellaneous Expense 12,000
Total Expenses $68,800
Operating Loss ($1,800)
Interest Expense ($225)
Net Loss ($2,025)
Tse does not want to give Towry this budget without making constructive suggestions for steps Towry could take to improve expected performance. Assume the role of Donna Tse. Write a memo to Towry outlining your suggestions.
Delivering a high-quality product at a reasonable price is not enough anymore.
That’s why we have developed 5 beneficial guarantees that will make your experience with our service enjoyable, easy, and safe.
You have to be 100% sure of the quality of your product to give a money-back guarantee. This describes us perfectly. Make sure that this guarantee is totally transparent.
Read moreEach paper is composed from scratch, according to your instructions. It is then checked by our plagiarism-detection software. There is no gap where plagiarism could squeeze in.
Read moreThanks to our free revisions, there is no way for you to be unsatisfied. We will work on your paper until you are completely happy with the result.
Read moreYour email is safe, as we store it according to international data protection rules. Your bank details are secure, as we use only reliable payment systems.
Read moreBy sending us your money, you buy the service we provide. Check out our terms and conditions if you prefer business talks to be laid out in official language.
Read more