BUS 442 Week 2 Income Statement Add to favoritesAdd to cart

Income Statement. Read Company Profile 3.1 - Mike's Bikes, Part 1: Financial Position and the subsequent explanation of the company's income statement. In a two- to three-page paper (not including the title and reference pages), formatted according to APA style guidelines as outlined in the Ashford Writing Center, respond to the following: o Do you think that Mike’s Bikes should reduce overhead and costs to generate a higher profit margin? Explain your rationale. o Illustrate the aspects of this business that make it successful (think location, product line, etc.)o Analyze if it would be feasible for Mike’s Bikes to sell their bikes online as well as in their store.o Decide if Mike’s Bikes should open a store in another location. Discuss the pros and cons of doing this.