Question: Could you help me with Problem B Sales Strategy please and with the formula ASTON Furniture, current profit is $ 10,000 (data in the following

Could you help me with Problem B Sales Strategy
Could you help me with Problem B Sales Strategy
Could you help me with Problem B Sales Strategy please
and with the formula
ASTON Furniture, current profit is $ 10,000 (data in the following table). The lending partner bank suggests an increase in profit so that it can approve a loan to buy new equipment. Aston intends to increase profits to $ 20,000 so he can get bank approval for his loan. a. What percentage improvement is needed with a supply chain strategy for profits to rise to $ 20,000? What are the material costs for the $ 20,000 profit? b. What percentage improvement is needed in the sales strategy for profit to rise to $ 20,000? What is the sale value to increase the profit to $ 20,000? Sales Strategy Current Situation SUPPLY CHAIN strategy Sales $100,000 Cost of Material $60,000 (60%) Production Costs $20,000 (20%) Fixed Costs $10,000 (10%) Profit $10,000 (10%) $100,000 $50,000 (50%) $20,000 (20%) $10,000 (10%) $20,000 (20%) a. Cost of Materials = 100.000 - 20.000 - 10.000 - 20.000 = 50.000 50% b

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