Homework Help is Here – Start Your Trial Now!
Business
Economics
Given below is the revenue that Tesco recorded by location over the last five years: A B C D E F Tesco Revenue by Location between 2018 and 2022 Tesco Bank UK & ROI Revenue (Em) 23456 Year Number of stores 2018 7,033 2019 6,993 2020 4,613 2021 4,673 38,656 44,883 45,752 48,848 Central Europe Revenue (Em) 6,343 6,030 3,968 3,862 Revenue (Em) 1,047 1,097 1,068 735 Total Revenue (Em) 46,046 52,010 50,788 53,445

Given below is the revenue that Tesco recorded by location over the last five years: A B C D E F Tesco Revenue by Location between 2018 and 2022 Tesco Bank UK & ROI Revenue (Em) 23456 Year Number of stores 2018 7,033 2019 6,993 2020 4,613 2021 4,673 38,656 44,883 45,752 48,848 Central Europe Revenue (Em) 6,343 6,030 3,968 3,862 Revenue (Em) 1,047 1,097 1,068 735 Total Revenue (Em) 46,046 52,010 50,788 53,445

ENGR.ECONOMIC ANALYSIS
ENGR.ECONOMIC ANALYSIS
14th Edition
ISBN:9780190931919
Author:NEWNAN
Publisher:NEWNAN
Chapter1: Making Economics Decisions
Section: Chapter Questions
Problem 1QTC
See similar textbooks
icon
Related questions
Question

Can you please start from point e), but please show your workings/calculations how did you get to the answer. Thank you! 

Given below is the revenue that Tesco recorded by location over the last five years: A B с D E F Tesco Revenue by Location between 2018 and 2022 Tesco Bank UK & ROI Revenue (Em) Question 6 1 234567 Year Number of stores 2018 7,033 2019 6,993 2020 4,613 2021 4,673 2022 4,752 38,656 44,883 45,752 48,848 49,984 Central Europe Revenue (Em) 6,343 6,030 3,968 3,862 3,862 Revenue (£m) 1,047 1,097 1,068 b) In which year did Tesco have the least number of stores? Total Revenue (Em) 46,046 52,010 50,788 735 53,445 922 54,768 a) Which year had the lowest total generated revenue in the last recorded five years? c) What is the mode revenue for Tesco's Central Europe division? d) What is the range between the revenues generated by Tesco's UK & ROI division over the last recorded five years? e) In which years did Tesco's Central Europe division generate five times more revenue than its Bank division? f) When comparing the total revenue generated by Tesco and the total number of stores, which year had the greatest amount of revenue per store? Show your working to justify your answer. g) Give TWO likely reasons to justify the behaviour of the 'Total Stores' dataset over the last recorded five years. h) Which 3 years had the most evenly distributed generated revenue between the three divisions? Show your working.
Transcribed Image Text:Given below is the revenue that Tesco recorded by location over the last five years: A B с D E F Tesco Revenue by Location between 2018 and 2022 Tesco Bank UK & ROI Revenue (Em) Question 6 1 234567 Year Number of stores 2018 7,033 2019 6,993 2020 4,613 2021 4,673 2022 4,752 38,656 44,883 45,752 48,848 49,984 Central Europe Revenue (Em) 6,343 6,030 3,968 3,862 3,862 Revenue (£m) 1,047 1,097 1,068 b) In which year did Tesco have the least number of stores? Total Revenue (Em) 46,046 52,010 50,788 735 53,445 922 54,768 a) Which year had the lowest total generated revenue in the last recorded five years? c) What is the mode revenue for Tesco's Central Europe division? d) What is the range between the revenues generated by Tesco's UK & ROI division over the last recorded five years? e) In which years did Tesco's Central Europe division generate five times more revenue than its Bank division? f) When comparing the total revenue generated by Tesco and the total number of stores, which year had the greatest amount of revenue per store? Show your working to justify your answer. g) Give TWO likely reasons to justify the behaviour of the 'Total Stores' dataset over the last recorded five years. h) Which 3 years had the most evenly distributed generated revenue between the three divisions? Show your working.
Expert Solution
trending now

Trending now

This is a popular solution!

steps

Step by step

Solved in 2 steps

SEE SOLUTIONCheck out a sample Q&A here
Blurred answer
Follow-up Questions
Read through expert solutions to related follow-up questions below.
Follow-up Question

Show working out and answer to h?

Solution
Bartleby Expert
SEE SOLUTION
Knowledge Booster
Total Cost
Learn more about
Need a deep-dive on the concept behind this application? Look no further. Learn more about this topic, economics and related others by exploring similar questions and additional content below.
Similar questions
  • SEE MORE QUESTIONS
Recommended textbooks for you
ENGR.ECONOMIC ANALYSIS
ENGR.ECONOMIC ANALYSIS
Economics
ISBN:
9780190931919
Author:
NEWNAN
Publisher:
Oxford University Press
Principles of Economics (12th Edition)
Principles of Economics (12th Edition)
Economics
ISBN:
9780134078779
Author:
Karl E. Case, Ray C. Fair, Sharon E. Oster
Publisher:
PEARSON
Engineering Economy (17th Edition)
Engineering Economy (17th Edition)
Economics
ISBN:
9780134870069
Author:
William G. Sullivan, Elin M. Wicks, C. Patrick Koelling
Publisher:
PEARSON
Principles of Economics (MindTap Course List)
Principles of Economics (MindTap Course List)
Economics
ISBN:
9781305585126
Author:
N. Gregory Mankiw
Publisher:
Cengage Learning
Managerial Economics: A Problem Solving Approach
Managerial Economics: A Problem Solving Approach
Economics
ISBN:
9781337106665
Author:
Luke M. Froeb, Brian T. McCann, Michael R. Ward, Mike Shor
Publisher:
Cengage Learning
Managerial Economics & Business Strategy (Mcgraw-…
Managerial Economics & Business Strategy (Mcgraw-…
Economics
ISBN:
9781259290619
Author:
Michael Baye, Jeff Prince
Publisher:
McGraw-Hill Education
SEE MORE TEXTBOOKS