True✔ 2. In certain years, Kohl's income statement amounts will not be comparable with other companies with a calendar year-end.False ✔ 3. The number of days of sales reported in each fiscal year is always the same as the days of sales of a company with a calendar year-end.b. Kohls' income statement includes the following amounts for sales revenue ($ millions).2018 20172016$20,229 $20,084 $19,681How might we compare the year-over-year growth for 2018 and 2017? Complete the following table:Note: Round the percentage to one decimal place (for example, enter 14.6% for 14.55555%).Sales revenue as reportedGrowth over prior periodAdjusted sales revenueGrowth over prior period$2018$20,2290.72% *20,249 * $0.72% x2017$20,0842% ✓19,705 $2.04 % *2016$19,68119,681

Calculate the adjusted sales revenue, and growth over a prior period for years 2016, 2017, and…

Answered: How might we compare the year-over-year…

FINANCIAL ACCOUNTING

10th Edition

ISBN:9781259964947

Author:Libby

Publisher:Libby

Chapter1: Financial Statements And Business Decisions

Section: Chapter Questions

Problem 1Q

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How might we compare the year-over-year growth for 2018 and 2017? Complete the following table: Note: Round the percentage to one decimal place (for example, enter 14.6% for 14.55555%).