Lecture : Volume_HW_Sp20docx

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How healthy is this chain?4 mil 2 mil = 2 million sales increase4-3-2 = -1 million decrease in comp saleschain is unable to sustain revenue. 2. Regatta operates a small specialty market in their hometown. On dec. 31 they closed their books on their second year in business. Excerpts from their financial statements are shown below. fleet, inc. has been operating a similar store to regatta for 20 years. Excerpts from their financial statements are also below. calculate the overall and comp sales increases for both companies. Compare and comment on the growth and health of each company. regattafleet, inc. income statementincome statement 20192020 20192020sales store 152,00052,780salesstore 143,00045,150sales store 2na21,240regattaincrease in sales store 1 = 1. 5%increase in sales store 2 = 100%increase in total company sales = 42. 35%fleet. Benjamin lehman 010809833increase in sales store 1 = 5. 00%increase in total company sales = 5. 00%3. Excerpts from the financial statements for two furniture stores are below.

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