Question
PLEASE SHOW WORK! 1. Pick-Up Sticks, an online childrens toy store, has the following in their financial statements for 2018 and 2019: 2019 Sales: $4
PLEASE SHOW WORK!
1. Pick-Up Sticks, an online childrens toy store, has the following in their financial statements for 2018 and 2019: 2019 Sales: $4 million 2018 Sales: $2 million 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 didnt 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?
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Principles Of Financial Accounting
Authors: Jerry J. Weygandt, Lorena Mitrione, Michaela Rankin, Keryn Chalmers, Paul D. Kimmel
3rd Edition
0730302296, 978-0730302292
