Question: PLEASE SHOW WORK! Excerpts from the financial statements for two furniture storesare below. Calculate the overall and comp sales increases for bothcompanies and compare and

PLEASE SHOW WORK!

Excerpts from the financial statements for two furniture storesare below. Calculate the overall and comp sales increases for bothcompanies and compare and contrast the numbers. Comment on thegrowth and health of each company.

Harry’s Furniture

Dead People’s Stuff

Income Statement

Income Statement

2019

2020

2019

2020

Sales Store 1

450,000

520,000

Sales Store 1

430,000

510,150

Sales Store 2

210,000

210,750

Sales Store 2

NA

155,500

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Harrys furniture Increase in sales store 1 520000 450000 450000 1556 Increase in sales store 2 210... View full answer

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