Donna Tse has recently accepted the position of assistant manager at Cycle World, a bicycle store in St. Louis. She has just finished her accounting courses. Cycle World’s manager and owner, Jeff Towry, asks Tse to prepare a budgeted income statement for 2015 based on the information he has collected. Tse’s budget follows:

Tse does not want to give Towry this budget without making constructive suggestions for steps Towry could take to improve expected performance.
Assume the role of Donna Tse. Write a memo to Towry outlining yoursuggestions.

  • CreatedJanuary 16, 2015
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