You’ll use the information Susan sent to complete the profit and loss statement for Petopia’s first year. In order to complete this assignment, you’ll need to do the following:

1. Begin by reading Susan's email: This will provide you with instructions and relevant documents that you will need to do your assignment.

2. Download the attachments: You should download the attachments to Susan's email as they provide important background information and the tools you will need to complete your assignment. To download the attachments:

• Right-click on the link in the e-mail and select "Save target as..." OR open the link and then save the document.

• Save the document on your desktop or in a folder that you can easily access.

3. Open the Operating Model, which is an Excel workbook attached to Susan's email.

4. In the workbook:

• Recommend appropriate assumptions for: price per groom, source of shampoo and conditioner, number of vans to operate each month and number of vans to add each month.

• Using the notes provided by Susan, complete the fixed and variable expenses sections of the cash flow analysis by adding information as appropriate to the blue cells.

• Review the entire operating model and, based on your vision for Petopia, make adjustments to optimize the model.

5. Proceed to the worksheet: Click the "Open assignment worksheet" link above in order to record your conclusions by answering the following question:

• What did you determine was a reasonable price for Petopia to charge for each groom? Why did you come to that conclusion?

• What type of shampoo and conditioner did you decide Petopia should use? How does this reflect your business strategy?

• What assumptions did you make about number of vans and which the days of the week you should operate? Why?

What Next: Click "What do the experts have to say about modeling Petopia's operations?"

When you're done, click "Open assignment worksheet" to get started with your work.