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questions: 1. Which company had the smallest revenue in 2015? 2. Approximate Wal-Mart's 2013 revenue. 3. Which company experienced a decline in revenue from 2013 to 2014? 4. Which year did Costco have the highest revenue?

questions: 1. Which company had the smallest revenue in 2015? 2. Approximate Wal-Mart's 2013 revenue. 3. Which company experienced a decline in revenue from 2013 to 2014? 4. Which year did Costco have the highest revenue?

FINANCIAL ACCOUNTING
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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### Creating a Clustered Bar Chart **Steps to Create a Clustered Bar Chart:** 1. **Select the Range:** - Select the range “A1:E6.” 2. **Insert the Bar Chart:** - On the Insert tab, in the Charts group, select Column, then select Bar in 3-D clustered column. **Insert Labels:** - Label the chart “Annual Revenue.” - Label the horizontal axis “Revenue (in millions).” - Label the vertical axis “Company.” **Adjust the Style:** - On the toolbar, select Switch Row/Column. - The bar labels might appear incorrectly as 4, 3, 2, and 1 instead of 2013, 2014, 2015, and 2016. - To fix this, right-click on the chart and then click on Select Data. Click in the empty field next to Horizontal (Category) axis labels, and select the cells from B1 to E1 in the table. - Change the Vertical Axis Title to “Year.” - Double-click on the chart to get Format Chart Area on the right side. In the Border section, select Solid line, change the color to red, and the border width to 3pt. In the Fill section, select Solid Fill and choose light blue. To change the height and the width, in the size section change the Height to 4” and the width to 6”. - Change the font types for the title, axes, and legend to Arial and select appropriate font sizes for the chart and axis titles. **Use the Results to Answer the Following Questions:** 1. Which company had the smallest revenue in 2015? 2. Approximate Wal-Mart’s 2013 revenue. 3. Which company experienced a decline in revenue from 2013 to 2014? 4. Which year did Costco have the highest revenue?
Transcribed Image Text:### Creating a Clustered Bar Chart **Steps to Create a Clustered Bar Chart:** 1. **Select the Range:** - Select the range “A1:E6.” 2. **Insert the Bar Chart:** - On the Insert tab, in the Charts group, select Column, then select Bar in 3-D clustered column. **Insert Labels:** - Label the chart “Annual Revenue.” - Label the horizontal axis “Revenue (in millions).” - Label the vertical axis “Company.” **Adjust the Style:** - On the toolbar, select Switch Row/Column. - The bar labels might appear incorrectly as 4, 3, 2, and 1 instead of 2013, 2014, 2015, and 2016. - To fix this, right-click on the chart and then click on Select Data. Click in the empty field next to Horizontal (Category) axis labels, and select the cells from B1 to E1 in the table. - Change the Vertical Axis Title to “Year.” - Double-click on the chart to get Format Chart Area on the right side. In the Border section, select Solid line, change the color to red, and the border width to 3pt. In the Fill section, select Solid Fill and choose light blue. To change the height and the width, in the size section change the Height to 4” and the width to 6”. - Change the font types for the title, axes, and legend to Arial and select appropriate font sizes for the chart and axis titles. **Use the Results to Answer the Following Questions:** 1. Which company had the smallest revenue in 2015? 2. Approximate Wal-Mart’s 2013 revenue. 3. Which company experienced a decline in revenue from 2013 to 2014? 4. Which year did Costco have the highest revenue?
### Annual Revenue Data (in millions) The table and the corresponding 3D bar chart below display the annual revenue of five major companies from 2013 to 2016. #### Revenue Table: | Company | 2016 | 2015 | 2014 | 2013 | |----------------|----------|----------|----------|----------| | Wal-Mart | 468,651 | 446,509 | 421,395 | 407,697 | | Costco | 102,870 | 97,062 | 87,048 | 76,255 | | Sears | 36,188 | 39,854 | 41,567 | 42,664 | | Dollar General | 16,022.10| 14,807.20| 13,035.00| 11,796.00| | Target | 72,596 | 73,301 | 69,865 | 67,390 | #### Description of the Chart: - The x-axis represents the years from 2013 to 2016. - The y-axis represents the revenue in millions. - Each company is represented by a unique color in the bar chart: - **Wal-Mart**: Red - **Costco**: Blue - **Sears**: Green - **Dollar General**: Purple - **Target**: Orange The chart visually compares the revenue trends over the years for each company, highlighting Wal-Mart's consistently highest revenue among the group, whereas Sears displays a declining trend.
Transcribed Image Text:### Annual Revenue Data (in millions) The table and the corresponding 3D bar chart below display the annual revenue of five major companies from 2013 to 2016. #### Revenue Table: | Company | 2016 | 2015 | 2014 | 2013 | |----------------|----------|----------|----------|----------| | Wal-Mart | 468,651 | 446,509 | 421,395 | 407,697 | | Costco | 102,870 | 97,062 | 87,048 | 76,255 | | Sears | 36,188 | 39,854 | 41,567 | 42,664 | | Dollar General | 16,022.10| 14,807.20| 13,035.00| 11,796.00| | Target | 72,596 | 73,301 | 69,865 | 67,390 | #### Description of the Chart: - The x-axis represents the years from 2013 to 2016. - The y-axis represents the revenue in millions. - Each company is represented by a unique color in the bar chart: - **Wal-Mart**: Red - **Costco**: Blue - **Sears**: Green - **Dollar General**: Purple - **Target**: Orange The chart visually compares the revenue trends over the years for each company, highlighting Wal-Mart's consistently highest revenue among the group, whereas Sears displays a declining trend.
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