The MP3 business is taking off under the leadership of Kirsten Vander Hart, Cassie Morris, and Makayla Ashbaugh. Twisting Tunes took a deep dive but has been steadily increasing, showing great promise.
• Performance o Twisting Tunes came off with a rough start. We sat at the bottom of the pack during the first quarter when our stock price was $16.79 when most people were at mid-thirties. We determined the issue was that we did not purchase the proper amount of materials causing us to lose a lot of sales. From then on, we have been increasing at a steady rate including an around 70% jump in quarter 2.
• The Statistics o The current statistics for Twisting Tunes after year 1 is a stock price of $38.72. Our current profit after tax is $92,000.
• Performance o Twisting Tunes came off with a rough start. We sat at the bottom of the pack during the first quarter when our stock price was $16.79 when most people were at mid-thirties. We determined the issue was that we did not purchase the proper amount of materials causing us to lose a lot of sales. From then on, we have been increasing at a steady rate including an around 70% jump in quarter 2.
• The Statistics o The current statistics for Twisting Tunes after year 1 is a stock price of $38.72. Our current profit after tax is $92,000.