QUESTION 3 (25 Points) The following information reflects some financial data from Knights, Inc., an agribusiness supply store in Parkersburg, WV. The information shown in for several years, namely 2016, 2017 and 2018. ITEM 2016 $33,120 2017 $35,600 2018 $36,960 Net sales in millions) 460 488 Number of stores 532 Square feet of selling space (in millions) 20.4 24 22.8 Average net sales of comparable stores (in millions) $147.00 $144.50 $142.30 Instructions 1. Calculate the percentage change in net sales from 2016 to 2017 and 2017 to 2018 (round all computations to one decimal place). Is Knights, Inc. improving over time? Explain your answer. 2. Calculate the percentage change in net sales per square foot of selling space from 2016 to 2017 and 2017 to 2018 (round all computations to one decimal place). Is Knights, Inc. improving over time? Explain your answer. 3. Calculate the percentage change in comparable store sales from 2016 to 2017 and 2017 to 2018 (round all computations to one decimal place). Relative to other stores, how would evaluate the performance of Knights, Inc