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quantitative data

Problem:You have been asked to apply your decision-making skills and analysis to the merchandising of JMI's travel product stores. Much of the floor display space is taken up by the innovations department whi ...there is moreshow problemYou have been asked to apply your decision-making skills and analysis to the merchandising of JMI's travel product stores. Much of the floor display space is taken up by the innovations department which contains highly successful innovative products such as luggage with a built-in compression valve and a tool to reduce most air space taken up by packed items. Because of competitor store offerings, JMI leadership is considering eliminating the camping equipment department and using that space to further expand the innovations department. JMI has requested that your team evaluate the impact of this decision.

Discuss the type of accounting quantitative data you will need to evaluate this decision.

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In order to evaluate the impact of this decision, the accounting quantitative data which can be used are:

First of all, I will need to see the ratio of the sales and profitability of the camping department to that of the overall sales and profitability of the company. In other words, I will need to ascertain how large or significant is the contribution of this department to the overall top line revenues and bottom line profitability of the company. This ...

Solution Summary

The type of accounting quantitative data you will need to evaluate this decision.

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