EX $1\mathrm{.}1($LO $2,4)$ Managerial Accounting Apply Critical Thinking A retail bookstore near a large university sells books, college$-$branded apparel, and gifts. Store management wants to understand which sales mix of books, apparel and gifts would result in the highest net income.

List two external stakeholders who may be impacted by the analysis.

The objective is to determine which combination of products could result in the best net income maximization. Provide three specific questions you could ask of the data.

Create and compare at least two different data alternatives and two analysis options for this objective. Explain why you selected the data and the analysis options.

Provide a data risk and an analysis risk example for the options you chose.

List three accounting concepts that can help you perform the to the data analysis.

Identify at least one way to leverage your new intelligence about the best$-$selling product mix.