FreshFoods Co. is a small fruit and vegetable grocer. FreshFoods is concerned that sales have been down over the past three quarters. As the companyaccountant, you decide to perform some analysis to uncover the source of theproblem. You gather the following data from the accounting records by quarter: Required: Use the information above to draw some conclusions and discuss the financial impact of your analysis to FreshFoods Co. management.

Question

FreshFoods Co. is a small fruit and vegetable grocer. FreshFoods is concerned that sales have been down over the past three quarters. As the companyaccountant, you decide to perform some analysis to uncover the source of theproblem. You gather the following data from the accounting records by quarter:  Required: Use the information above to draw some conclusions and discuss the financial impact of your analysis to FreshFoods Co. management.

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The Answer of FreshFoods Co. is a small fruit and vegetable grocer. FreshFoods is concerned that sales have been down over the past three quarters. As the companyaccountant, you decide to perform some analysis to uncover the source of theproblem. You gather the following data from the accounting records by quarter:  Required: Use the information above to draw some conclusions and discuss the financial impact of your analysis to FreshFoods Co. management.