Ch 4 Boss Club

Calculate the total expenses for the Eternal Flame Candle Company in October using the provided data. Eternal Flame Expense Tracking Sheet (October): - Large glass jars (26 oz): 24 - $42.00 - Medium glass jars (16 oz): 24 - $21.30 - Small glass jars: 24 - $18.66 - Wick and wick holders: 100 - $38.35 - Scents: 8 - $38.00 - Labels and packaging: 1 - $54.24

• $212.55

• $212.55

• $212.55

• $212.55

CONVERSION RATE: Analyze the data below to calculate Gross Profit, Cost per Acquisition, and money leftover for operating expenses and profit. Business: Necklaces Sales Price: $30 Cost of Goods Sold (COGS): $8 Cost Per Lead: $2.25 Conversion Rate: 35% 12) Calculate Gross Profit:

• $22

• $20

• $18

• $16

Business: Custom T-Shirts Sales Price: $15 Cost of Goods Sold (COGS): $7.75 Cost Per Lead: $1.25 Conversion Rate: 20% Calculate Gross Profit:

• $7.25

• $6.00

• $8.00

• $5.75

Business: Bath Bombs Sales Price: $10 Cost of Goods Sold (COGS): $3.50 Cost Per Lead: $1.30 Conversion Rate: 32% What is the Gross Profit?

• $5.20

• $6.50

• $7.80

• $8.70

Business: Bath Bombs Sales Price: $10 Cost of Goods Sold (COGS): $3.50 Cost Per Lead: $1.30 Conversion Rate: 32% Calculate CPA:

• $4.06

• $3.25

• $2.50

• $1.30

Which of the following shows how much money came into the business, what the money was spent on, and how much money is leftover in the business?

• Expense report

• Sales report

• Income statement

• Overhear report

How much money is leftover in your business after paying all expenses is known as...

• Expenses

• Lifetime value

• Average order value

• Profit

Business: Popcorn Total in Sales: $275 Total Orders: 30 Unique Customers: 15 Calculate Average Orders Per Customer:

• 1

• 2

• 3

• 4

Business: Dog Treats Total in Sales: $300 Total Orders: 60 Unique Customers: 20 Calculate Average Order Value:

• $5

• $10

• $15

• $20

Business: Dog Treats Total in Sales: $300 Total Orders: 60 Unique Customers: 20 Calculate Average Orders Per Customer:

• 2

• 3

• 4

• 5