Assume That Gatsby Enterprises Has Sales of $83 Million and Fixed

question 75

Multiple Choice

Assume that Gatsby Enterprises has sales of $83 million and fixed assets of $22.4 million in 2013.The corporation utilises the percent-of-sales method of financial forecasting.If Gatsby is expected to generate sales of $94 million in 2014,what will the firm's investment in fixed assets be? The minimum fixed asset expansion costs $4,000,000.

• A)$19.8 million
• B)$26.4 million
• C)$16.2 million
• D)$25.4 million

Grasp the structure and steps involved in problem-solution sales presentations.

Understand the AIDA procedure and its steps in sales presentation.

Recognize different sales presentation methods and their suitability to various selling situations.

Identify the advantages and disadvantages of memorized sales presentation.

---

Definitions:

Business Plan

A detailed document outlining the objectives, strategies, financial forecasts, and market analysis of a business.

Business Concept

A business concept that outlines fundamental details like the product or service being offered, the intended market audience, and a distinct selling point that provides the company with a competitive edge.

Financial Section

A part of a business plan or report that contains detailed information about the company's financial status, projections, and strategies.

Pitch Decks

A presentation used by entrepreneurs to provide a quick overview of their business plan and vision to potential investors.