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answer the below discussion

You do not want to give the Owner, Mr. Baggins, this budget without making constructive suggestions for steps you could take to improve the ice cream shops performance.

Requirement:

Write a Memo to Mr. Baggins outlining your suggestions/recommendations.  Use proper business communication format. For example: do not just say “needs improvement” or “should maintain the status quo.”  Evaluate the information and make substantive suggestions for improvements, and provide supporting detail to your suggestions.

You have recently accepted the position of assistant manager at Ice Cream Haven, a
family owned ice cream shop in Nashua, NH. You just finished your accounting
courses. The owner of Ice Cream Haven, Mr. Bilbo Baggins asks you to prepare a
budgeted income statement for 2018 based on the information the owner has
collected. Your budget income statement follows:
Ice Cream Haven
Budgeted Income Statement
For year ended June 30, 2018
Sales Revenue
$244,000
Cost of Good Sold
$177,000
Gross Profit
$67,000
Selling and Administrative Expenses
Sales & Commissions
Expense
$46,000
Rent Expense
$8,000
Depreciation Expense
$2,000
Insurance Expense
$800
Miscellaneous Expense
$12,000
$68,800
Operating Loss
($1,800)
Interest Expense
($225)
Net Loss
($2,025)
You do not want to give the Owner, Mr. Baggins, this budget without making
constructive suggestions for steps you could take to improve the ice cream shops
performance.
Requirement:
Write a Memo to Mr. Baggins outlining your suggestions/recommendations. Use proper
business communication format. For example: do not just say “needs improvement” or
“should maintain the status quo.” Evaluate the information and make substantive
suggestions for improvements, and provide supporting detail to your suggestions. The
expected length is a one page memo. Please be sure to use proper APA format.
Instructions
All sources used for postings should follow APA citation guidelines for in text references
and end of posting references.
An initial posting should be made by Wednesday at 11:59 PM EST. You
should substantively contribute to the discussion by replying to at least two of your
peers, with postings made on at least two different days of the week, by THURSDAY at
11:59 PM EST. Students are expected to answer each posted question, as well as
respond to two fellow students. For full credit, responses must demonstrate a complete
understanding of the topic, be posted on time and submitted on two different days of the
week, and add to the value of the discussion topic. Participation of each student is vital
to the overall learning environment of the class as a whole, and it is essential that each
student post in response to each question in a timely manner. Please refer to the online
discussion rubric for full grading criteria.
Postings made after the week ends will not be accepted.

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