1-3. Youngor Group is a domestic enterprise designing and selling men's clothes. An analyst identified the following revenue-related information from the company's 2016 annual report: Table 1: Revenue Composition by Business Segments In million RMB Sales % Brand Fashion 4,274.4 28.70% Real Estate 9,882.0 66.34% Development Other 738.6 4.96% Total 14,895.0 Gross profit margin 63.94% 33.39% N/A 41.73% Table 2: Revenue Composition for Business Segment Brand Fashion In million RMB Sales % Gross profit margin Online sales 128.7 3.01% 55.76% Store sales 4,145.7 96.99% 64.19% Total 4,274.4 100% 63.94% Table 3: Production, Sales Volume and Inventory for Business Segment "Brand Fashion" In thousand pieces Shirts Suits Trousers Jacket/T-Shirt/Coat Other Total Production 4,862.5 703 1,861.2 2,195.3 734.5 10,356.5 Sales Volume 5,785.6 772.8 2,174.8 2,511.5 1,040.8 12,285.5 Ending Inventory 5,044.6 1,219.4 2,117.3 2,526.2 1,270.6 12,178.1 Additional information: Youngor has about 2,554 retail stores, with a total area of 382 thousand square meters. In 2016 Youngor's reported profit for the brand fashion segment is 550 million RMB. Required: a) Calculate the average size per store, average sales revenue per store per day (assuming 7 business days), and average profit per store per day (assuming 7 business days) b) What comments do you have for Table 3? c) Evaluate the quality of revenue for Youngor 2016. 1-3. Youngor Group is a domestic enterprise designing and selling men's clothes. An analyst identified the following revenue-related information from the company's 2016 annual report: Table 1: Revenue Composition by Business Segments In million RMB Sales % Brand Fashion 4,274.4 28.70% Real Estate 9,882.0 66.34% Development Other 738.6 4.96% Total 14,895.0 Gross profit margin 63.94% 33.39% N/A 41.73% Table 2: Revenue Composition for Business Segment Brand Fashion In million RMB Sales % Gross profit margin Online sales 128.7 3.01% 55.76% Store sales 4,145.7 96.99% 64.19% Total 4,274.4 100% 63.94% Table 3: Production, Sales Volume and Inventory for Business Segment "Brand Fashion" In thousand pieces Shirts Suits Trousers Jacket/T-Shirt/Coat Other Total Production 4,862.5 703 1,861.2 2,195.3 734.5 10,356.5 Sales Volume 5,785.6 772.8 2,174.8 2,511.5 1,040.8 12,285.5 Ending Inventory 5,044.6 1,219.4 2,117.3 2,526.2 1,270.6 12,178.1 Additional information: Youngor has about 2,554 retail stores, with a total area of 382 thousand square meters. In 2016 Youngor's reported profit for the brand fashion segment is 550 million RMB. Required: a) Calculate the average size per store, average sales revenue per store per day (assuming 7 business days), and average profit per store per day (assuming 7 business days) b) What comments do you have for Table 3? c) Evaluate the quality of revenue for Youngor 2016
