Daisy Flowers recently purchased Yardworks, Inc., a wholesale distributor of equipment and supplies for lawn and garden

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Daisy Flowers recently purchased Yardworks, Inc., a wholesale distributor of equipment and supplies for lawn and garden care. The organization, which is headquartered in Baltimore, has four distribution centers that service 14 eastern states. The centers are located in Boston, Massachusetts; Rye, New York; Reston, Virginia and Lawrenceville New Jersey. The company’s profits for 2010, 2011, and 2012 were $225,400, $337,980, and $467,200, respectively.

Shortly after purchasing the organization, Flowers appointed people to the following positions: vice president, marketing vice president, distribution; corporate controller; and vice president, research and development. Flowers called a meeting of this management group. She wants to create a deluxe retail lawn and garden center that would include a large, fully landscaped plant and tree nursery. The purposes of the retail center would be

(1) To test equipment and supplies before selecting them for sales and distribution and

(2) To showcase the effects of using the company’s products. The retail center must also make a profit on sales.


Required

1. What types of information will Flowers need before deciding whether to create the retail lawn and garden center?

2. To support her decision, Flowers will need a report from the vice president of research and development analyzing all possible plants and trees that could be planted and their ability to grow in the places where the new retail center might be located. How would each of the four w’s pertain to this report?

3. Design a format for the report in 2.


Distribution
The word "distribution" has several meanings in the financial world, most of them pertaining to the payment of assets from a fund, account, or individual security to an investor or beneficiary. Retirement account distributions are among the most...
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Principles of Accounting

ISBN: 978-1439037744

11th Edition

Authors: Needles, Powers, crosson

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