Sheridan Inc. is a publicly traded snack food company focused on snacks and candies from around the world. On a monthly basis, the
company boxes snacks and candies from a different country, along with facts about each and a scorecard for tracking favourites. The
boxes can be purchased at specialty shops and are available for annual subscription.
The consumer can choose between two annual subscriptions, the Good Box for $ annually and the Oh So Good Box for $
annually. Subscriptions are paid in advance and are noncancellable. Sheridan sold for cash subscriptions on October of
which were Oh So Good Box subscriptions.
Single Good Boxes can be purchased at specialty shops. Sheridan charges the shops $ per box. Normally, boxes are delivered to
specialty shops each month, with of these being returned unsold. Of the boxes sent out in October all were sold on
account, and none of the returned boxes are expected to be resold and are scrapped. Unsold boxes are returned by shops in the
following month.
The products in the Good Boxes cost Sheridan $ per box, while the products in the Oh So Good Box cost Sheridan $ per box.
