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Answered Same Day Dec 04, 2022

Solution

Nitish Lath answered on Dec 05 2022
36 Votes
Solution 10.9
a)
Calculation of average number of stores
Average number of stores = Stores in 2021 + stores in 2022 / 2
= (2269+2274)/2
= 2272 stores
Calculation of average revenue per store in 2022
Average revenue per store in 2022 = $88519 million / 2272
= $38.96 million
Calculation of new store in 2022
New store = 2274- 2269
= 5 stores
Calculation of capital spending per new store in 2022
Capital spending per new store = $1503 million / 5
= $300.60 million
Calculation of ending inventory per store in 2022
Ending inventory per store = $ 11809...
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