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hello I need help with A2 and A3! I have tried everything and don't get anything! For the last picture which of those three am
hello I need help with A2 and A3! I have tried everything and don't get anything! For the last picture which of those three am I suppose to put and why? Thank You!
Problem 6.3A Trend Analysis (L06-8) [The following information applies to the questions displayed below) Shown as follows is information from the financial reports of Knauss Supermarkets for the past few years. Net sales (in millions) Number of stores Square feet of selling space (in millions) Average net sales of comparable stores (in millions) Year 3 $5,725 470 Year 2 $ 5,378 467 13.1 $ 12.1 Year 1 $ 4,840 452 11.4 $ 12.9 $ 11.9 Problem 6.3A Part a Required: a. Calculate the following statistics for Knauss Supermarkets (Negative values should be indicated by a minus sign. Do not round intermediate calculations. Round your final answers to 1 decimal place (.e.1234 to be entered as 12.3).) 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 by dividing the dollar amount of the change between years by the amount of the base year. For example, the percentage change in net sales from year 1 to year 2 is computed by dividing the difference between year 1 to year 2 net sales by the amount of year i net sales, or ($5,370 - $4,840) - $4.840 = 110% Increase a-2. The percentage change in net sales per square foot of selling space from year 1 to year 2 and year 2 to year 3. a-3. The percentage change in comparable store sales from year 1 to year 2 and year 2 to year 3. Complete this question by entering your answers in the tabs below. Reg A1 Red A2 Reg A3 The percentage change in net sales per square foot of selling space from year 1 to year 2 and year 2 to year 3. Year 2-Year 3 Year 1-Year 2 Change in net sales per square foot Problem 6.3A Trend Analysis (L06-8) {The following information applies to the questions displayed below.) Shown as follows is information from the financial reports of Knauss Supermarkets for the past few years. Net sales (in millions) Number of stores Square feet of selling space (in millions) Average net sales of comparable stores (in millions) Year $ 5,725 470 14.1 $11.9 Year 2 $ 5,370 467 13.1 $ 12.1 Year 1 $ 4,84e 452 11.4 $ 12.9 Problem 6.3A Part a Required: a. Calculate the following statistics for Knauss Supermarkets (Negative values should be indicated by a minus sign. Do not round intermediate calculations. Round your final answers to 1 decimal place (.e.1234 to be entered as 12.3).) 2-1. The percentage change in net sales from year 1 to year 2 and year 2 to year 3. Hint. The percentage change is computed by dividing the dollar amount of the change between years by the amount of the base year For example, the percentage change in net sales from year 1 to year 2 is computed by dividing the difference between year 1 to year 2 net sales by the amount of year i net sales. or ($5,370 - $4,840) = $4,840 = 11.0% increase a-2. The percentage change in net sales per square foot of selling space from year 1 to year 2 and year 2 to year 3 2-3. The percentage change in comparable store sales from year 1 to year 2 and year 2 to year 3 Complete this question by entering your answers in the tabs below. Reg A1 Req A2 Req A3 The percentage change in comparable store sales from year 1 to year 2 and year 2 to year 3. Year 2-Year 3 Year 1-Year 2 Change in comparable store sales Problem 6.3A Trend Analysis (LO6-8) [The following information applles to the questions displayed below.) Shown as follows is information from the financial reports of Knauss Supermarkets for the past few years. Net sales (in millions) Number of stores Square feet of selling space (in millions) Average net sales of comparable stores (in millions) Year 3 $ 5,725 470 14.1 $11.9 Year 2 $ 5,370 467 13.1 $ 12.1 Year 1 $ 4,840 452 11.4 $ 1249 oblem 6.3A Part b Evaluate the sales performance of Knauss Supermarkets. (Select all that apply.) Check All That Apply Knause Supermarkets has performed well as revenue from sales has increased and hence there is no need to revisit its marketing strategies Knauss Supermarkets has not performed well even though revenue from sales has increase and hence it has to revisit ts marketing strategies Knaus Supermarkets has performed same as last year and hence there is no need to revisit its marketing strategies Step by Step Solution
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