Answers to Sales HW PDF

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Retail Math Homework Sales Portion - Answer Sheet 1. Tucker

Stubb’s

Overall

42.3%

Comp

1.5%

Overall & Comp

5%

Tucker is doing better on growth, based on their overall sales increase. If you use Comp as a measure of health, Stubb’s is doing better on health. It should be noted that sales should never be used as the only measure of the health of a company. In this case, it is all the information you have. 2. Koi Gardens:

Grandma’s Kitchen:

Overall

33.4%

Comp

10.7%

Overall

54.8%

Comp

18.6%

In terms of growth, Grandma’s Kitchen is growing faster. In terms of health, Grandma’s Kitchen is doing slightly better here also. 3. 42,000/25 = 1,680 meals 4. $750,000 – ($20,000 + $5,000 + $10,000) = $715,000 5. Part 1. Net Sales = 96,300 – 1,515 – 1,200 = $93,585 Part 2. Average Price = 96,300/44,378 = $2.17 Part 3. Average Price = 205,000/63,000 = $3.25 Part 4. Assuming Annie is not currently employing a helper, her unit sales per employee are higher than those of Doug’s Doggie Delights. For her first year in business, Annie’s gross sales look pretty good compared to Doug’s Doggie Delights. However, Annie’s average price is below that of her competitor, meaning she might be able to raise her prices and make more in gross sales dollars....