Question: Please answer the following question. Please provide any formulas or explanation needed. ACCT-212 2019-2Spring: Final Part A This case study is based on a fictional
ACCT-212 2019-2Spring: Final Part A This case study is based on a fictional business that was created for the sole purpose of this examination. It is to be done independently by each student and submissions must be made before the deadline.* NO LATE SUBMISSIONS WILL BE ACCEPTED**SHOW ALL CALCULATIONS All sections must be answered. Due Date for Part A: April 14, 2020 by 11:59pm. REMEMBER TO ALSO COMPLETE PART B & C before their deadline. Starry Night Caf was established in 2011 and has continued to prosper despite society's changing circumstances. They offer an assortment of hot and cold beverages along with brunch meals and pastry desserts. You have just been hired as their Managerial Accountant. It is your job to record, analyze, and interpret internal financial data to assist in business growth. Below is a list of information from 2019 that you have gathered thus far: Sales: Hot beverages- $15,200 Cold beverages- $22,300 Brunch meals- S43,000 Pastry desserts $23,600 Cost/Expenses: Ingredients- Labor- Utilities - Telephone- Internet- Packaging- Delivery- Administration- $44,000 $14,200 $9.200 $6,300 $2,400 $5,000 $3,300 $7,500 Average total assets. $160,000 1. You want to know how well or poorly the company did in 2019. Therefore, calculate: (10 points) a. Operating income, profit margin%, asset turnover, and ROI b. Explain what each of these results show regarding the business's performance c. Based on these explanations did the company have a good or bad year? ACCT-212 2019-2Spring: Final Part A This case study is based on a fictional business that was created for the sole purpose of this examination. It is to be done independently by each student and submissions must be made before the deadline.* NO LATE SUBMISSIONS WILL BE ACCEPTED**SHOW ALL CALCULATIONS All sections must be answered. Due Date for Part A: April 14, 2020 by 11:59pm. REMEMBER TO ALSO COMPLETE PART B & C before their deadline. Starry Night Caf was established in 2011 and has continued to prosper despite society's changing circumstances. They offer an assortment of hot and cold beverages along with brunch meals and pastry desserts. You have just been hired as their Managerial Accountant. It is your job to record, analyze, and interpret internal financial data to assist in business growth. Below is a list of information from 2019 that you have gathered thus far: Sales: Hot beverages- $15,200 Cold beverages- $22,300 Brunch meals- S43,000 Pastry desserts $23,600 Cost/Expenses: Ingredients- Labor- Utilities - Telephone- Internet- Packaging- Delivery- Administration- $44,000 $14,200 $9.200 $6,300 $2,400 $5,000 $3,300 $7,500 Average total assets. $160,000 1. You want to know how well or poorly the company did in 2019. Therefore, calculate: (10 points) a. Operating income, profit margin%, asset turnover, and ROI b. Explain what each of these results show regarding the business's performance c. Based on these explanations did the company have a good or bad year
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