TOEIC ETS

Executive Summary Purpose This report has been created at the direction of the executive board of Funfair, Inc., in order to illuminate the potential advantages and disadvantages of purchasing Sutton Candle Corporation (hereafter, "Sutton"). Initial Conclusion Sutton would likely be an overall asset to Funfair's brand portfolio. Its candles and scent diffusers are of high quality and would be a complementary addition to our décor aisles and living room displays. Keeping the Sutton name on the products could also increase foot traffic in our locations, as it enjoys strong customer loyalty. Financial Overview of Target Sutton currently manufactures 36 products in three categories and sells them directly to consumers through its Web site. The sales revenues for each category over the most recent year are displayed in the table below: Fiscal Quarter | Product Type | First | Second | Third | Fourth | |---------------------|-----------|-----------|-----------|------------| | Candles | $80,713 | $85,029 | $87,172 | $93,541 | | Plug-in Diffusers | $12,453 | $16,510 | $15,384 | $14,693 | | Diffuser Refill Packs | $16,450 | $14,478 | $15,624 | $15,722 |

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