accounting
posted by Bob .
a) Use the following data to compute averafe revenues per store, capital spending per new store, and ending inventory per store.
b) Assume 200 additional stores will be added by the end of year +1 and assume that each new store will be pen for business for an average of one half year in year +1. for simplicity assume that year +1's growth will come only from opening new stores. Project year +1 sales revenues, Capital spending, and ending inventory.
Number of stores is 1707(year 4) and 1890(year 5)
Sales Rev is $64,816 (year 4) and $73094 (year 5)
Inventory is $9076 (year 4) and $10076 (year 5)
Capital Expenditures, net is $3,243 (year 4) and $3852 (year 5)
please help!
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