Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

Data Visualization Given the sales data provided on the 23 stores in Table 1, the senior auditor decided it would be beneficial to create visualizations

Data Visualization

Given the sales data provided on the 23 stores in Table 1, the senior auditor decided it would be beneficial to create visualizations to find additional information underlying the data. Thus, the senior auditor put together the five charts below.

Figure 1: Quicky Stores, Current and Prior Year Sales in Store ID Order as Presented

Store Sales, Current and Prior Years

image text in transcribedimage text in transcribedimage text in transcribedimage text in transcribedimage text in transcribed
\f55 50 O O 45 O O O oo 40 O Inventory O Turnover 35 O Oinventory Turnover, Includes Gas 30 O inventory Turnover, No Gas 25 O 20 O O 15 22 10 1 13 4 12 2 11 3 23 20 17 8 9 19 21 7 5 16 14 15 6 18 Store ID in Order of Total Current Sales650 O 600 OO 550 500 Sales per 450 Square Foot o OSales per Square Foot, Sells Gas 350 Sales per Square Foot, No Gas 300 250 O 200 22 10 1 13 4 12 2 11 3 23 20 17 8 9 19 21 7 5 16 14 15 6 18 Store ID in Order of Total Current Sales2500000 O 2000000 1500000 Current-Year Sales ($), Sells Gas Sales . Prior-Year Sales (Audited) ($), Sells Gas 1000000 Current-Year Sales ($), No Gas . Prior-Year Sales (Audited) ($), No Gas 500000 22 10 1 13 4 12 2 11 3 23 20 17 8 9 19 21 7 5 16 14 15 6 18 Store ID in Order of Total Current Sales2/500,000 RJ = 0.6092 O 2,000,000 O O O O O O R' = 0.6688 1,500,000 Sales 1,000,000 500,000 O Current-Year Sales ($), Sells Gas Current-Year Sales ($), No Gas 10 11 12 13 14 Average Number of Full-Time Employees

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Intermediate Accounting

Authors: Loren A Nikolai, D. Bazley and Jefferson P. Jones

10th Edition

324300980, 978-0324300987

More Books

Students also viewed these Accounting questions

Question

Run full loads in the washing machine and dishwasher.

Answered: 1 week ago