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please show work 1. Pick-Up Sticks, an online children's toy store, has the following in their financial statements for 2018 and 2019: A careful reading
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1. Pick-Up Sticks, an online children's toy store, has the following in their financial statements for 2018 and 2019: A careful reading of the financials shows that $3 million of their 2019 sales come from a new channel 20 brick and mortar stores the company didn't have in 2018 and which have only been open for 10 months. What is their overall sales increase in 2019? What is their comp sales increase in 2019? How healthy is this chain? 2. Regatta operates a small specialty market in their hometown. They opened a second in August 2020. On Dec. 31 they closed their books on their second year in business. Excerpts from their financial statements are shown below. Fleet, Inc. has been operating a similar store to Regatta for 20 years. Excerpts from their financial statements are also below. Calculate the overall and comp sales increases for both companies. Compare and comment on the growth and health of each company. Regatta Fleet, Inc. Income Statement Income StatementStep by Step Solution
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