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Question - Services Offered - Use Access and Excel (and additional ACCESS queries as required) to analyze the services offered by the grooming salon and make recommendations to the business owners based on your analysis. Do not simply summarize the data. Use these questions as a guide to get you started. These should NOT be the only questions that you answer or suggestions that you make. Your analysis should include more than this.
a. Which services are the most and least requested?
b. How much income is generated by each individual service? All services?
c. How much profit is generated by each service? Is profit affected by which employee performs the service? Should this affect how assignments are delegated?
d. Are there services that the salon should consider no longer offering? Justify your answer.
e. Are there additional services that the salon might consider offering? Justify your suggestion.
f. Is there room in the profit margins to lower prices (on specific items, on all items) for the purpose of generating more sales? Would a lower price but more sales generate a greater profit? Is there a point where more sales might not be profitable?
Hubbard argues that the Fed can control the Fed funds rate, but the interest rate that is important for the economy is a longer-term real rate of interest. How much control does the Fed have over this longer real rate?
Coures:- Fundamental Accounting Principles: - Explain the goals and uses of special journals.
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