Pet Shop Math HELP ASAP

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  • August 16, 2011 at 12:31 pm
    Misty
    Participant

    We started school yesterday and though I have done this once before I’m in a fog as to how to do the advertising?  Ahh… so we are stuck. 

    Jan my son picked $50/20% – on the ledger he subtracted the $50 (also in Jan)

    Now in Feb he picked $75/40% – but what does he put up on the line for Advertising extra sales amount for Feb?  He got an AISS but the Chance said he lost it all due to road construction?

    Also, that’s what confuses me and I think he should put 0 for extra sales amount for Feb.  But if for say he had and AISS in Feb for 234.55 would I use the Jan percentage or the Feb percentage to figure out the advertising extra sales amount?

    Sorry – I’ve got a bad head cold and can’t wrap my finger around this today.  Misty

    August 16, 2011 at 4:21 pm
    Sonya Shafer
    Moderator

    So for January, he would subtract the $50 that he paid for advertising. So far so good.

    In February he will figure his total sales, including whatever happened with his AISS. Then increase that total sales amount by 20%, the amount of advertising that he “bought” in January.

    Now move on to what he wants to do for next month. He decided to pay $75 for a 40% increase potential in March. So he subtracts the $75 in February, when he paid it, and will wait to see what his return on that investment will be in March. He will increase his total sales amount for March by the 40%. 

    So he is always paying for the advertising in the current month, but won’t see the percentage increase that he “bought” until the next month.

    Clear as mud? (Hope you feel better soon!)

    August 16, 2011 at 4:30 pm
    Misty
    Participant

    Ok so for this month (Feb) being he didn’t have any AISS being the chance cancelled that out he only adds 20% to the 2 sales he had correct?  Then next month it would be the sales plus the AISS times teh 40%.

    Am I right?  Thanks I hope to be out of cloud also

    August 16, 2011 at 10:25 pm
    Misty
    Participant

    bumping as we had to skip this today, hoping to catch up a day tomorrowSmile

    August 17, 2011 at 3:23 am
    Sonya Shafer
    Moderator

    Yes, sounds like you’ve got it right, Misty.

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