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McDowells hamburger restaurant chain had revenues of $5,844,800 last year (year 1) and $7,504,500 this year. 1. What is the year on year sales growth?
McDowells hamburger restaurant chain had revenues of $5,844,800 last year (year 1) and $7,504,500 this year.
1. What is the year on year sales growth? 28.4%
2. $445,593 of this years revenue came from the opening of a new location. What is your same stores sales growth? 20.77%
3. Why is it important to calculate same stores sales growth? Why not just use year on year instead?
4. Assume the companys growth is the same for each year. What is the companys projected sales in year 4?
5. Your year 6 actual sales volume is $10,545,700. What is your CAGR over the 6 years?
need help with the last three.
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