Assignment Description:
Signature Assignment:
The income statement below presents Company A’s entire year of 2020 and 2021. They are cell phone resellers, and they mainly have an inventory of phones and phone accessories. Review the company’s year-over-year profitability and answer the questions below.
Also, remember to use the excel file and watch the video in the Additional Resources in this module to assist you with the assignment.
Answer the following questions below:
Sales decreased year over year, and the operating expenses decreased as well. Do you think the company should invest in a strategy that will increase sales?
Gross margin improved year over year by 2%. Since the company only has cell phones as inventory, what could be the cause of the improvement? There is no wrong answer; just explain your thoughts.
Write a summary describing what you did in this assignment.
Record audio and video showing your work (approximately 6-8 minutes)
M8 Assignment UMBO – 3, 4
M8 Assignment PLG – 1, 2, 3, 4
M8 Assignment CLO – 6, 8
Instructions & Specifications
Submissions
Rubric
Start by reading and following these instructions:
Study the required chapter(s) of the textbook and any additional recommended resources. Some answers may require you to do additional research on the Internet or in other reference sources. Choose your sources carefully.
Consider the discussion and the any insights you gained from it.
Review the assignment rubric and the specifications below to ensure that your response aligns with all assignment expectations.
Create your assignment submission and be sure to cite your sources, use APA style as required, and check your spelling.
The following specifications are required for this assignment:
Structure:
Title Page in APA style
Summary
Video to address questions 1 & 2
Reference Page in APA Format
References: Use the appropriate APA style in-text citations and references for all resources utilized to answer the questions. Include at least two (2) scholarly sources to support your claims.
Length: 500-word summary with 6-8 minute video explaining questions 1 & 2.
Format: Save your assignment as a Microsoft Word document (.doc or .docx) and include the link to your video.
Filename: Name your saved file according to your FirstInitialLast Name_CourseID_ModuleNumber (for example, “RHall_EDD820_M1.docx”).