Question
2. Excerpts from the financial statements for two restaurant chains in Hollister, MO are shown below. Please calculate the overall and comparative sales increases for
2. Excerpts from the financial statements for two restaurant chains in Hollister, MO are shown below. Please calculate the overall and comparative sales increases for both companies and compare and contrast the numbers. Comment on the growth and health of each company.
| Koi Gardens | Grandmas Kitchen | |||||
| Income Statement | Income Statement | |||||
| Dec. 31, 2017 | Dec. 31, 2017 | |||||
|
| 2016 | 2017 |
| 2016 | 2017 | |
| Sales Store 1 | 450,000 | 520,000 | Sales Store 1 | 430,000 | 510,150 | |
| Sales Store 2 | 210,000 | 210,750 | Sales Store 2 | NA | 155,500 | |
| Sales Store 3 | NA | 150,000 | ||||
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Value Investing
Authors: Mike Hartley
1st Edition
979-8864443309
