Paycheck Math
$432
Amount/Base = ?
Ratio
Where is the school store located?
The Main Office
Amount- 400
Base- 1600
What is the ratio has a percentage?
25%
What state is Mr. Hunter from?
Ohio
Cam worked 100 hours this month with the same amount of hours every week. If he makes $10 an hour. How much money does he make in a single week?
$250
The amount of money you make after taxes and benefits is called what?
Net Profit
Name 3 types of items that will be sold in the school store.
(teacher's discretion)
Profit- 8,000
Sales- 64,000
What is the ratio as a decimal?
0.125
What is Mr. Hunter's other current job?
Research and Consulting Associate.
Skyler makes 30 dollars an hour. She worked 13 1/2 hours this week. How much money did she make?
$405
What does COGS stand for?
Cost of Goods Sold
There are 7 roles/responsibilities of the school store... Name at least 3 of them
General Manager...Finance Manager...Inventory Manager...Marketing Manager...Sales Associate...Customer Service Specialist...Operations Manager
If: Sales-COGS= Gross Profit
Sales=$78,562
Gross Profit= 22,309
What are the COGS?
Mr. Hunter has two dogs.... Name 1 of them.
Duke or Messi
Week 1 Bella worked 14 hours... Week 2 she worked 16 hours... Week 3 she worked 22 hours... Week 4 she worked 8 1/2 hrs...
If Bella makes $14 an hour, how much did she make for the month?
$847
The cost of operations incurs to generate value.
The Expenses
What is the role of the General Manager?
Oversees all operations of the store
Ensures all teams meet deadlines and expectations
Facilitates team meetings and resolves conflicts
Approved budgets, pricing, and marketing plans
If the Profit is $13,000... and the ratio is .37
What is the Base?
(Round to nearest whole number)
$35,135
What restaurant did Mr. Hunter used to work at?
Texas Roadhouse
Jaxon has a shoe making factory
Revenue- $8,000,000..... COGS- $460,000..... Operating Expenses- $4,100,000
What is the Gross and Net Profit?
Gross- $7,540,000
Net- $3,440,000
Two major components of merchandizing company in terms of expenses
COGS and Operating Expenses
Name one role of the Customer Experience Specialist
Develop and maintain a customer satisfaction survey
Interacts with customers to gather feedback
Suggests improvements to enhance the shopping experience
Coordinates with marketing manager to address customer feedback
If the ratio is 41% and the Base is $50,000
What is the Revenue?
$20,500
What was the name of the degree Mr. Hunter earned in college?
Child and Family Studies