1 / 6

Mike’s Bikes Simulation

Mike’s Bikes Simulation. Chain Reaction. Dylan Frank - 201102689 Jenna Jeffrey - 201001350 Dylan Scammell - 20110365 Hilary Muth - 201003674. Chain Reaction – Financial Results. Sales  $5,873,426 Number of Units Sold  $16, 070 Costs of Goods Sold  $3,095,623 Profits  $489,025

caelan
Download Presentation

Mike’s Bikes Simulation

An Image/Link below is provided (as is) to download presentation Download Policy: Content on the Website is provided to you AS IS for your information and personal use and may not be sold / licensed / shared on other websites without getting consent from its author. Content is provided to you AS IS for your information and personal use only. Download presentation by click this link. While downloading, if for some reason you are not able to download a presentation, the publisher may have deleted the file from their server. During download, if you can't get a presentation, the file might be deleted by the publisher.

E N D

Presentation Transcript

  1. Mike’s Bikes Simulation Chain Reaction Dylan Frank - 201102689 Jenna Jeffrey - 201001350 Dylan Scammell - 20110365 Hilary Muth - 201003674

  2. Chain Reaction – Financial Results • Sales  $5,873,426 • Number of Units Sold  $16, 070 • Costs of Goods Sold  $3,095,623 • Profits  $489,025 • Shareholder Value  $8.58 • Earnings Per Share  $.489

  3. Chain Reaction – Marketing Strategies Horizontal Analysis of Income Statement • Gross Margin  Decreased by 22% from 2012. • Total Expenses  Increased by 38% from 2012 • Total Other Income  Increased by 16% from 2012 • Net Income  Decreased by 66% from 2012

  4. Chain Reaction – Marketing Analysis • Price • Our price increased by 8.33% from 600 per bike to 650 • Firm 1 bikes are priced at $500 , which is the next highest competing price • Industry average is $507 • Place • Chain Reaction’s high-end quality bikes are placed in Sports Stores and Bike Shops • Promotion

  5. Conclusions • Overview of Firm Sales Performance • Why?

  6. Questions & Comments

More Related