You are the chief analyst that is responsible for monitoring sales at your company. The CEO has
Question:
You are the chief analyst that is responsible for monitoring sales at your company. The CEO has tasked you with providing the board of directors with some high-level insights regarding the sales trends of the company and its various locations. He has provided you with customer orders from various sales centers and other data that might be helpful in your analysis. He noted the following:
The company sells five different items, each with its own selling price.
Customer loyalty is important. Customers with a code of 2 receive a 2% discount of the total price, code 3 customers receive a 4% discount, and code 4 customers receive a 6% discount.
- The company charges a flat shipping fee based on the shipping mode selected: Standard Class - $0 (free), First Class - $100, Second Class - $50, Same Day - $150.
- Note that the shipping fee is NOT revenue for the company. It is what is being charged by the carrier. As such, the fee should NOT be incorporated into revenue, discount, and net sale calculations.
Requirements:
- Create 4 descriptives that provide insights into the profitability of the venture. Each of the following variables MUST show up in at least once:
- Order Date (feel free to analyze by month)
- Region
- Product
- Quantity
- Revenue (Price)
- Discounts
- Net Sales (Revenue - Discounts)
A descriptive that answers the following: Are customers who paid for quicker shipping getting their orders processed quicker?
Intermediate Accounting
ISBN: 978-0324592375
17th Edition
Authors: James D. Stice, Earl K. Stice, Fred Skousen