Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

Your Convenience Store is a chain of 23 convenience stores located in the southwest United States.The following data are provided in the excel file: Store

Your Convenience Store is a chain of 23 convenience stores located in the southwest United States.The following data are provided in the excel file:

Store Number

Prior year audited sales dollars

Current year sales dollars

Current year inventory

Store square feet

Average number of full-time employees

Whether the store sells gas (listed an a "1")

If there is a blank cell in the "prior year audited sales dollars" column, the store was opened during the current year. Typically, a store's operations do not change much unless a new product line is introduced, such as selling gas, offering check cashing services, and so forth.The mix of products and services can vary, and the most important factor is whether the store sells gas.Benchmark data for convenience stores shows that sales average $490 per square foot.

You have just been assigned to this audit. The audit manager is also newly assigned to this client, and you have been asked to provide as much insight into this client, based upon the provided data, as you can.You should verify the data and at a minimum provide the following visualizations to meet the manager's needs:

Inventory turnover =to get turnover I have to current sales/current inventory=inventory turnover

Store sales: current and prior year

Store sales: current and prior year in ascending order of sales

Sales per square foot compared with benchmark ($490)

Correlation between sales and number of employees

After providing these visualizations, derive insights/conclusions based on them.

How would I get visualization for: Store sales: current and prior year in tableau

Which buttons should I pressed

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Core Concepts Of Accounting

Authors: Leslie Breitner, Robert Anthony

11th Edition

0133125947, 9780133125948

More Books

Students also viewed these Accounting questions