On January 14, 2012, Amy Bourgon, sole proprietor of Bake Me A Cake (BMAC), set out to make some decisions regarding the company’s future strategy. BMAC had grown and Bourgon was considering a move because she was unsure of how much more growth the current space could accommodate and wondered whether it was time to take the business to the next level. Bourgon needed to decide whether to renovate her family’s home or to lease a commercial location for the business. Also, because Bourgon wanted to improve BMAC’s profitability, she was considering increasing cupcake prices; and she also wondered how BMAC should best advertise for fiscal 2012. Bourgon decided she would first analyze the company’s three-year financial performance and then project financial performance for fiscal 2012, depending on her decisions. She hoped to implement all changes before April 2012, when the next busy wedding season would begin.…