Chain Reaction Dylan Frank Jenna Jeffrey Dylan Scammell Hilary Muth
Sales $5,873,426 Number of Units Sold $16, 070 Costs of Goods Sold $3,095,623 Profits $489,025 Shareholder Value $8.58 Earnings Per Share $.489
Horizontal Analysis of Income Statement Gross Margin Decreased by 22% from Total Expenses Increased by 38% from 2012 Total Other Income Increased by 16% from 2012 Net Income Decreased by 66% from 2012
Price - Our price increased by 8.33% from 600 per bike to Firm 1 bikes are priced at $500, which is the next highest competing price - Industry average is $507 Place - Chain Reaction’s high-end quality bikes are placed in Sports Stores and Bike Shops Promotion
Overview of Firm Sales Performance Why?