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A2and A3 Required information [The following information applies to the questions displayed below] Shown as follows is information from the financial reports of Knauss. Supermankets
A2and A3
Required information [The following information applies to the questions displayed below] Shown as follows is information from the financial reports of Knauss. Supermankets for the dast fawrvaxis: Required: 6. Calculate the following stotistics for Knauss Supermarkets (Negetive values should be indicated by a minus sign. Do not: intermediate calculations. Round your final answers to 1 decimal place (l.e .1234 to be entered as 12.31) ) a.1. The percentage change in net sales from year 1 to year 2 and year 2 to year 3 . Hint The percentage change is computed dividing the dolfar amount of the change between years by the amount of the bose year. For example. the percentage change Sales from year 1 to year 2 is computed by dividing the difference between year 1 to year 2 net soles by the amount of year 10 (55.200-\$4.850) $4.850=7.2% increose. a.2. Ihe percentage change in net sales persquare foot of selling spoce from year t to yeor 2 and year 2 to year 3 . a.3. The percentage change in comparable store sales from year t to year 2 and year 2 to year 3 Step by Step Solution
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