Suppose a small business has sales of $12,000 this month, with future sales expected to grow...

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Suppose a small business has sales of $12,000 this month, with future sales expected to grow by $1,500 each month. Costs consist of a fixed component, which is $6,000 per month, and a variable component, which is 30 percent of sales. Design a spreadsheet to compute the gross profit (revenue less fixed and variable costs) per month over a nine month period. What is the gross profit in a single month 5 months from now? Suppose a small business has sales of $12,000 this month, with future sales expected to grow by $1,500 each month. Costs consist of a fixed component, which is $6,000 per month, and a variable component, which is 30 percent of sales. Design a spreadsheet to compute the gross profit (revenue less fixed and variable costs) per month over a nine month period. What is the gross profit in a single month 5 months from now?

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Month 1 2 3 4 5 10 6 7 8 9 Sales 12000 13500 15000 16500 18000 19500 21000 22500 24000 Fixed Costs ... View the full answer