BUS 442 Week 2 Income Statement
Download Income Statement. Read Company Profile 3.1 - Mike's Bikes, Part 1: Financial Position and the subsequent explanation of the company's income statement. In a two- to three-page paper (not including the title and reference pages), formatted according to APA style guidelines as outlined in the Ashford Writing Center, respond to the following: o Do you think that Mike’s Bikes should reduce overhead and costs to generate a higher profit margin? Explain your rationale. o Illustrate the aspects of this business that make it successful (think location, product line, etc.) o Analyze if it would be feasible for Mike’s Bikes to sell their bikes online as well as in their store. o Decide if Mike’s Bikes should open a store in another location. Discuss the pros and cons of doing this.