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1. (15 points) Shack Depot is a leading specialty retailer of hardware and home improvement. It operates large warehouse-style stores. The following table provides summary

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1. (15 points) Shack Depot is a leading specialty retailer of hardware and home improvement. It operates large warehouse-style stores. The following table provides summary hypothetical data for Shack Depot. REQUIRED: a. Use the preceding data for Shack Depot to compute (in millions of dollars): 1. Average revenues per store, 2. Capital spending per new store, and 3. Ending inventory per store in 2023. b. Assume that Shack Depot will add 37 new stores by the end of Year +1 . Assume that each new store will be open for business for an average of one-half year in Year +1 . For simplicity, assume that in Year +1 , Shack Depot's sales revenues will grow, but only because it will open new stores, Use the data from 2023 to project (in millions of dollars) the Year +1 : 1. Sales revenues, 2. Capital spending, and 3. Ending inventory

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