Question
Required: Once the chart is created, move your cursor to hover above various data points in the chart. Notice that an information box appears to
Required: Once the chart is created, move your cursor to hover above various data points in the chart. Notice that an information box appears to reveal the pertinent sales and return measures for that company in that year. A. Which company exhibited a more favorable sales returns percentage in 2012, Big Store or Discount Goods? What percent of that companys customer purchases were returned? (Round your answer to 1 decimal place.) B. During the period 2013-2016, did Big Stores sales return percentage become (a) more favorable or (b) less favorable? C. During the period 2013-2016, did Discount Goods sales return percentage become (a) more favorable or (b) less favorable? D. Which company exhibited a more favorable sales returns percentage in 2021, Big Store or Discount Goods? What percent of that companys customer purchases were returned? (Round your answer to 2 decimal places.)
Right of return- variable consideration Company Year 2015 2016 Big Store Discount G.. 2012 2013 2014 2017 2018 2019 Company Big Store Sales ret.. Sales rev.. Less Sal.. Net of re.. 9.38% $ 446,296 ($ 41,860) $ 404,436 8.45% $ 485,992 ($ 41,057) $ 444,935 8.37% $ 479,084 ($ 40,108) $ 438,976 8.33% $ 627,955 ($ 52,332) $575,623 7.73% $ 567,419 ($ 43,883) $ 523,536 7.59% $ 578,167 ($ 43,883) $ 534,284 7.52% $ 560,083 ($ 42,104) $ 517,979 7.33% $ 514,401 ($ 37,728) $ 476,673 7.00% $ 544,518 ($ 38,095) $ 506,423 6.30% $ 572,852 ($ 36,099) $ 536,753 14.93% $ 320,982 ($ 47,930) $273,052 12.64% $ 344,188 ($ 43,507) $ 300,681 11.95% $ 327,881 ($ 39,182) $288,699 10.73% $ 344,654 ($ 36,966) $ 307,688 10.57% $ 415,012 ($ 43,879) $ 371,133 9.60% $ 356,546 ($ 34,221) $ 322,325 9.10% $352,340 ($ 32,052) $ 320,288 9.06% $ 341,836 ($ 30,981) $ 310,855 9.02% $ 355,163 ($ 32,047) $ 323,116 8.02% $ 358,908 ($ 28,776 $ 330,132 Discount Goods Right of return- variable consideration Company Big Store Discount G.. Year 2017 2018 2015 2016 2019 2020 2021 Company Big Store Sales ret.. Sales rev.. Less Sal.. Net of re.. 2014 9.38% $ 446,296 ($ 41,860) $ 404,436 8.45% $ 485,992 ($ 41,057) $ 444,935 8.37% $ 479,084 ($ 40,108) $ 438,976 8.33% $ 627,955 ($ 52,332) $ 575,623 7.73% $ 567,419 ($ 43,883) $ 523,536 7.59% $ 578,167 ($ 43,883) $ 534,284 7.52% $ 560,083 ($ 42,104) $ 517,979 7.33% $ 514,401 ($ 37,728) $ 476,673 7.00% $ 544,518 ($ 38,095) $ 506,423 6.30% $ 572,852 ($ 36,099) $ 536,753 14.93% $ 320,982 ($ 47,930) $ 273,052 12.64% $ 344,188 ($ 43,507) $ 300,681 11.95% $ 327,881 ($ 39,182) $288,699 10.73% $ 344,654 ($ 36,966) $ 307,688 10.57% $ 415,012 ($ 43,879) $ 371,133 9.60% $ 356,546 ($ 34,221) $ 322,325 9.10% $ 352,340 ($ 32,052) $ 320,288 9.06% $ 341,836 ($ 30,981) $ 310,855 9.02% $ 355,163 ($ 32,047) $ 323,116 8.02% $ 358,908 ($ 28,776) $ 330,132 Discount Goods exhibited more favorable receivables management, in 2012. The sales return percentage of that company in 2012 was B. Big Store's sales return percentage become c. Discount Goods' sales return percentage become exhibited more favorable receivables management, in 2021.The sales return percentage of that company in 2021 was
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