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(Task 2A) P2 Write a report on how accounting discriminating information and statistical information can be utilise to heartbeat business implementation. Accounting information and statistical info Accounting data and statistical data can be used by businesses to measure performance of previous socio-economic classs compared to new-made or current years. This determines if they are doing expose/worse. It allows them to think What did I do wrong?, What made last year better than this year, What changes did I acquit? Did they improve my business? tidy sum be used to measure individual product performance what is achievementful, and what is not can lead to setting aims and objectives, or to make changes (i.e. price, advertising, staff) custom the Previous data for selected products table and determine the success of separately of these products; comment on which products should be withdrawn or contain based on their performance.

|Previous data for selected products | | |Tootsie | arctic legal community |Beaver |Paxi | | sales (units) |2,167,877 |1,239,756 |2,256,844 |2,329,753 | |Advertising cost |175,000 |138,000 ! |164,000 |168,000 | |Other cost |450,000 |200,000 |380,000 |264,000 | |Selling price |45p |37p |34p |29p | Tootsie gross sales - 975,544.65 cost - 625,000 Polar Bar Sales - 458,709.72 Costs - 338,000 Beaver Sales - 767,326.96 Costs - 544,000 Paxi Sales - 675,628.37 Costs - 432,000 pardon how historical data can be used to detect...If you neediness to get a extensive essay, order it on our website: OrderCustomPaper.com

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