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First report of

JJEANSSK CORPORATION
2016
JJEANSSK CORPORATION

JJEANSSK CORPORATION is the small new company that serve


the needs of the customers including food stuff, grocery and
we will try to open the sheep farm in order to sell the wool. My
company now has three stores, one ice-cream restaurant and
one warehouse. We also have the main offices in two countries
which are Angola and Venezuela. The reason that why we
choose these country to establish because now Venezuela was
faced off the problem of Malnutrition.

We will buy the goods for high of the quality of food from the They should be received the enough nutrient from food but the
rich country and sell it to the people in this country with low government cannot serve all the need of the people so not all
cost, sometime we get a little profit but sometimes we dont. of populations received the enough food for them. Therefore, I
My company didnt want to get much profit because we dont decided to establish my store to this country in order to
want to find the benefit from the people that cough into prepare the healthy and good food for them.
trouble.
SUMMARY OF THE QUARTER AND THE INCOME STATEMENT
For this quarter, I have two stores, one is at Venezuela with a office and another one is at Angola with the office
there. I also have one ice cream restaurant and the warehouse at Venezuela. For the first quarter, I try to sale the food that
could get enough nutrient and healthy food for the people in this country in my store. I bought bread, egg and milk from
other country in high quality and the result is as expected, All of goods is sold out of stock every week so I decided to sell
the other food such as daily product and ice cream. Most people are think that daily product is not the healthy food but
why I sell it because some people dont have enough time to go outside and buy food everyday so daily product is the
other way to keep the food longer than the others. For Angola, it is the one of the most expensive city for foreigner so the
population and the tourists of this country quite rich. Thus, I decided to sell the grocery that people in this country maybe
like it such as beer, chocolate, and soft drink instead. Unfortunately, I think I misunderstanding, all of the goods of the
jjeanssk store didnt sell out of stock. Due to the graph, it show that, I collected money from the jjeanssk store after I
decrease the price of my product. Then, the revenue was increased more than the other shop.

store jjeanssk store warehouse jjeanssk restaurant

11000

8250

5500

2750

0
store jjeanssk store warehouse jjeanssk restuarant

The graph of the average of income of all of the subdivisions


from Q1 Midpoint to Q2 end

This graph illustrated that jjeanssk store can earn the most revenues because this
store is located in Angola, one of the most expensive city for tourists so this store
make the revenue as i expect so in the future, I have plan to add more stuff and
increase the amount of goods in order to serve the need of the customers.
ASSET VALUE AND COMPANY CASH

Cash

13000000 My company was just open. Therefore, the cash and asset
of my company didnt high as much as other company.
9750000 During the Q1 Midpoint and Q1 End, my asset and cash
is decreased because I did not get any profit so I try to
6500000 decrease the amount of product and set the prize that
proper for the people in each country.
3250000

0
Q1 Midpoint Q1 End Q2 Midpoint Q2 End
Asset Cash

The graph of the amount of cash of the company from Q1


15000000
Midpoint to Q2 end

11250000

The graph of the amount of asset of the company from Q1 7500000


Midpoint to Q2 end
3750000
Asset

0
16000000 Asset Cash

15000000 The graph of the average of cash and asset of the company
from Q1 Midpoint to Q2 end
14000000

13000000 Therefore,I get some profit and the graph showed that during
Q1 End to Q2 Midpoint, the amount of cash and asset is
increasing rapidly. However, My products were out of stock
12000000
Q1 Midpoint Q1 End Q2 Midpoint Q2 End quickly so The amount of worker didnt enough to serve and it
effect the amount of cash and asset that cannot make profit as
much as Q1 End and Q2 Midpoint.
SUMMARY OF EACH COMPANY AND THE AMOUNT OF REVENUE
My company, JJEANSSK CORPORATION has 2 store which are store and jjeanssk store, one ice cream restaurant
and one warehouse. The graph that I will showed you below is the revenue of each company.

store

1600 This graph showed the revenue of store in


Venezuela. I didnt get much revenue maybe
because of problem in this country. Q1 End I
1200 cannot make any revenue because I set the price
too high so I decided to decreased the amount of
price so I effect to Q2 Midpoint. I could earn the
800 amount of revenue. The graph is increasing
rapidly from Q1 End to Q2 Midpoint.

400
I didt get much profit of this store because maybe I set
the price too high so that cannot afford to buy it.
Therefore, I decided to decreased the price of goods and
0
increase the amount of product in the future.
Q3 Midpoint Q3 End Q2 Midpoint Q2 End

jjeanssk store

For this store, I always have the same of the amount of 10400
goods and the customers was always the same. All of
them always buy the same product with the same price
so The graph of the revenue of this store is constant 7800
through this quarter.

5200

I earn the highest amount of profit of this store but I


think that the amount of customer is all the same 2600
through this quarter. Thus, I will try to decrease the
price of the product and dd more goods to sell it in
order to make the store interesting for customer 0
Q1 Midpoint Q1 End Q2 Midpoint Q2 End
jjeanssk restaurant

5000
For this store, I didnt pay attention as much as I should
3750 because I think that not many people in Venezuela that want to
eat an ice cream. Thus the revenue of this store is constant. The
costumer of this store of this store id the same people every
2500 week and they also buy is in the same amount of goods.

1250

I think that I will try to par attention in this store more than now
0 and decreased the prices of an ice cream
Q1 Midpoint Q1 End Q2 Midpoint Q2 End

warehouse

14000
Due to the graph, it illustrated that in Q1 and Q2 Endpoint, I
cannot not earn any money because I stop to sell the product in
the warehouse because it has less costumer that want to buy it 10500
from warehouse. However, the reason that why I earn a lot in
Q1 end was I added more food that post people want to buy so
I get a lot of profit in the Q1 end. 7000

3500
I couldnt earn any profit from warehouse except the Q1 End
because of I set the price too high and not various product so I
think that if I implore my warehouse, it maybe get better in the
future 0
Q1 Midpoint Q1 End Q2 Midpoint Q2 End
OTHER BENEFICIAL COMPONENT
For my company, I think that the most important things were setting prices and location of my subdivisions. Foe
example, when I set the price too high, few people bought my stuff and it quite slow to sell. If I set the price lower, I think
that the customer will come to visit and but more products and another component is the locations, if I establish my
subdivision at the small town that has less populations, it will sell a little bit goods. If I set the price lower and establish my
subdivision in big country and have many subdivision, it will make my company grows up easier and faster.

PLANS TO EXPAND MY BUSINESS IN THE NEXT QUARTER


In the future, I will expand the company because I didnt get much profit that I should. I will decrease the prize of
the product both store in Venezuela and jjeanssk store in Angola. I also have a plan to open the sheep farm in Venezuela
because I think after the population through the problem of malnutrition, they may want wool for make clothes or lamp
for food. Moreover, I will open more store in order to have enough food and worker to serve the customer
SUMMARY OF THE QUARTER AND THE INCOME STATEMENT
JJEANSSK CORPORATION
2016

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