Purchase Solution

Profit by increasing overall sales

Not what you're looking for?

Ask Custom Question

The president of a company realized the company can increase my sales by 15% and in the upcoming year make over $35, 000,000.00 in sales overall. Previous sales slipped 4% the previous year and had to pay a fine of $4.4 million to the Federal Government. Given this information how much did the company make in the previous year?

Purchase this Solution
Solution Summary

This solution answers how much did the company make in the previous year.

Solution Preview

Step 1:

Let x be the sales the company made during the previous year. This is the base year at 100%.

If they increased the sales by 15%, the company would make over $35, 000,000.00 in sales next ...

Solution provided by:
Edwin Sinclar, MBA
Education
  • MBA, Aspen University
  • Bachelor of Science , Berea College
Recent Feedback
  • "Thank u"
  • "Thank You!"
  • "Thanks!"
  • "Thank you so much"
  • "Great job...thanks."
Purchase this Solution
Free BrainMass Quizzes
Marketing Research and Forecasting

The following quiz will assess your ability to identify steps in the marketing research process. Understanding this information will provide fundamental knowledge related to marketing research.

Academic Reading and Writing: Critical Thinking

Importance of Critical Thinking

Six Sigma for Process Improvement

A high level understanding of Six Sigma and what it is all about. This just gives you a glimpse of Six Sigma which entails more in-depth knowledge of processes and techniques.

Writing Business Plans

This quiz will test your understanding of how to write good business plans, the usual components of a good plan, purposes, terms, and writing style tips.

Paradigms and Frameworks of Management Research

This quiz evaluates your understanding of the paradigm-based and epistimological frameworks of research. It is intended for advanced students.

View More Free Quizzes
Related BrainMass Solutions

  • Selecting the better strategy

    Spend $2,000,000 in advertising; results expected to increase sales by 25% 2. Reduce price by 20%; price-demand elasticity is -3.0 Which of two strategies will generate highest overall profits?

  • Sales Strategy: Selecting the Better Strategy

    The company is considering two different strategies for increasing their profits: 1) Spend $2,000,000 in advertising: the results is expected to increase the company's sales by 25% 2) Reduce the price by 20%; the price-demand elasticity is -3.0

  • Finding the Advantage of Reducing Variable Production Costs

    174692 Finding the Advantage of Reducing Variable Production Costs An advanced company estimates that spending $29,750 in employee training will result in reducing variable production costs by 6% and increasing sales by 12.5%.

  • Ratio analysis, overall financial condition and performance

    Ratio analysis, overall financial conditions and performance are examined.

  • Decomposition equation

    a. the firm has experienced a significant increase in earnings relative to the industry overall b. the firm's accounts receivable account is increasing at a rate faster than the firm's increase in sales.

  • Compare products of McDonalds to Burger King

    Burger King because with reference to sales and net profit, McDonald's sales and profit are increasing at a much better pace than Burger King. References Burger King Holdings Inc: Financial Statement. (2008).

  • Pricing, Profitability, and New Product Introduction

    Explain. a) I am not sure what they mean by "profit pool" means, either; so, I will make my own assumption. Profit pool means that sales value and product mix can change, but the overall profitability of the company stays the same.

  • Working Capital, Current Ratio, Acid Test Ratio, ROE, ROI.

    The company's overall liquidity and profitability shows that the relationship of the company's assets to its current liabilities is increasing.

  • Financial Analysis

    This shows that the company has fewer expenses on direct cost of sales, increasing gross profit, causing the company's gross profit margin to increase.

View More Related Solutions