What was the total sales for the month

Assignment Help Accounting Basics
Reference no: EM132810848

You just purchased a food truck and have begun selling in a large college town. As you are learning the market, you have been changing location every few days to get a sense of local demand. In doing so, you've decided to collect some data. In particular, you collect data on your revenues and the distance of the truck location from the center of the local university. The hope is to get a sense as to whether demand notably varies depending on your proximity to the university.

Based on the data, please answer the following.

Question 1. What were the best days of the month for sales? (Top 5)

Question 2. What days of week are the best for sales?

Question 3. What was the total sales for the month?

Question 4. What days were the worst for sale? (Lowest 5)

Question 5. Rank the weeks by best sales from greatest to least: 1, 2, 3, or 4. Hint: total the week's sales and group accordingly. Omit the 29-31 in your ranking.

Question 6. What is the average for the month?

Question 7. What is the mode?

Question 8. What is the range in sales?

Reference no: EM132810848

Questions Cloud

What is the price earnings ratio for Gary Goods : Ordinary shares in Gary's Goods are trading at a market price of £80 per share, What is the price earnings ratio for Gary Goods
Selection process suitable for hiring management : Evaluate sources of recruitment and the selection process suitable for hiring management trainees in above scenerio.
Define the concept the concept of a self managed team : Please help answer: A self-managed team is an attractive concept. 1. Define the concept the concept of a self managed team?
What is the expected real rate of interest : What is the expected real rate of interest for an account that offers a 12% nominal rate of return when the rate of inflation is 6% annually
What was the total sales for the month : What was the total sales for the month? What were the best days of the month for sales? (Top 5) What days of week are the best for sales?
How might medical group tailor its marketing mix : Assume that a multispecialty medical group has decided to segment the market in the community by income level. The group has decided to target a small niche.
What is the profit margin : Mildenhall Co. has $1,040,000 in assets and $649,000 of total debt. It reports net income of $120,000, and has asset turnover of 4x. What is the profit margin
Job descriptions and workforce strategy : Provide a draft of 2 job descriptions and identify who you consulted with about job descriptions and workforce strategy.
Describe the current international monetary system : Describe the current International Monetary System. How does the current system differ from the system that was in place prior to August 1971?

Reviews

Write a Review

Accounting Basics Questions & Answers

  How much control does fed have over this longer real rate

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

Coures:- Fundamental Accounting Principles: - Explain the goals and uses of special journals.

  Accounting problems

Accounting problems,  Draw a detailed timeline incorporating the dividends, calculate    the exact Payback Period  b)   the discounted Payback Period. the IRR,  the NPV, the Profitability Index.

  Write a report on internal controls

Write a report on Internal Controls

  Prepare the bank reconciliation for company

Prepare the bank reconciliation for company.

  Cost-benefit analysis

Create a cost-benefit analysis to evaluate the project

  Theory of interest

Theory of Interest: NPV, IRR, Nominal and Real, Amortization, Sinking Fund, TWRR, DWRR

  Liquidity and profitability

Distinguish between liquidity and profitability.

  What is the expected risk premium on the portfolio

Your Corp, Inc. has a corporate tax rate of 35%. Please calculate their after tax cost of debt expressed as a percentage. Your Corp, Inc. has several outstanding bond issues all of which require semiannual interest payments.

  Simple interest and compound interest

Simple Interest, Compound interest, discount rate, force of interest, AV, PV

  Capm and venture capital

CAPM and Venture Capital

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd