DM Yard Services has now added residential and commercial customers and is providing services on a regular basis.

Review the Income Statement and Sales by Customer Summary Report: January 1 - May 31. Use vertical analysis to determine: who is your largest customer.

What percentage of total sales is generated from commercial vs. residential customers, and what services/sales items generated the largest percentage of total sales. Based on this analysis, make some recommendations to Dave on his sales strategy.

 

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Income by Customer Summary January - May, 2022 Davidson Foods Forest Hill School Jacksonville Industrial Park Joe Calhoun Larry Laxson Nottingham Condo Complex Paul Garrett Walter Brown TOTAL INCOME 552.00 992.00 1,819.60 18.00 18.00 242.00 18.00 248.00 $3,907,60 EXPENSES -462.00 -829.80 -1,477.36 -14.95 -14.95 -203.96 -14.95 -207.45 $-3,225.42 NET INCOME $90.00 $162.20 $342.24 $3.05 $3.05 $38.04 $3.05 $40.55 $682.18 Income by Customer Summary January - May, 2022 Davidson Foods Forest Hill School Jacksonville Industrial Park Joe Calhoun Larry Laxson Nottingham Condo Complex Paul Garrett Walter Brown TOTAL INCOME 552.00 992.00 1,819.60 18.00 18.00 242.00 18.00 248.00 $3,907,60 EXPENSES -462.00 -829.80 -1,477.36 -14.95 -14.95 -203.96 -14.95 -207.45 $-3,225.42 NET INCOME $90.00 $162.20 $342.24 $3.05 $3.05 $38.04 $3.05 $40.55 $682.18

Answer rating: 100% (QA)

ANSWER Based on the analysis Davidson Foods is the largest customer accounting for 141 of total s... View the full answer