Profit and Loss (Marketing)

May 10th, 2015
Price: $50 USD

Question description

In an Excel spreadsheet, create a profit and loss statement (P&L) for a fictitious company. See the table from the textbook for Donna’s Gift Shop as an example. Do not copy that P&L statement. Create a P&L statement of your own. You may wish to use the company that you will be using for your Portfolio Project and thus get a jump on that assignment.

In a Word document, address the following: 

  • Define and discuss the significance to the retailer of the line items found in the P&L of Net Sales, Cost of Goods, Gross Profit, Operating Expenses, Taxes, Net Profit and any other rows in the P&L you wish to include.

  • How does the information in the P&L apply to, and benefit, the retailer? How can the retailer use the information?

  • How does the P&L relate to a balance sheet? You may wish to create a balance sheet, but that is optional. Does information in a balance sheet supplement or enhance the information found in the P&L? How do they inform the retailer?

  • Include any calculations, if you wish, that you feel are important to make your response more complete.

    Your P&L must be in an Excel document and written responses in a Word document in APA format. Make your paper 34 pages in length, double spaced, with at least three resources cited other than the course textbook. 

Tutor Answer

(Top Tutor) Daniel C.
School: UT Austin

Studypool has helped 1,244,100 students

Review from our student for this Answer

May 16th, 2015
"excellent work as always thanks for the help"
Ask your homework questions. Receive quality answers!

Type your question here (or upload an image)

1828 tutors are online

Brown University

1271 Tutors

California Institute of Technology

2131 Tutors

Carnegie Mellon University

982 Tutors

Columbia University

1256 Tutors

Dartmouth University

2113 Tutors

Emory University

2279 Tutors

Harvard University

599 Tutors

Massachusetts Institute of Technology

2319 Tutors

New York University

1645 Tutors

Notre Dam University

1911 Tutors

Oklahoma University

2122 Tutors

Pennsylvania State University

932 Tutors

Princeton University

1211 Tutors

Stanford University

983 Tutors

University of California

1282 Tutors

Oxford University

123 Tutors

Yale University

2325 Tutors