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

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,

as well as any potential questions that you would like to ask your client and/or the

audit manager.

Answer rating: 100% (QA)

1 Inventory Turnover To calculate inventory turnover you need the current year sales and current year inventory data Divide the current year sales by ... View the full answer