Hello, I need to display our company's total sales over a 3 year period and then calculate the growth (a simple trendline is fine).
My question is that we are opening up new stores several times a week, so our store count is obviously much greater than it was in 2013. How would I take this into account when calculating the growth?
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So how would i go about this? I was thinking for 2012, taking $1,000,000/400 and applying that formula for all years then calculating the trend based on the division result, but I'm not sure if that's correct.
My question is that we are opening up new stores several times a week, so our store count is obviously much greater than it was in 2013. How would I take this into account when calculating the growth?
Year | Sales |
2012 | $1,000,000 |
2013 | $1,500,000 |
2014 | $2,500,00 |
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Year | Store Count |
2012 | 400 |
2013 | 500 |
2014 | 650 |
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So how would i go about this? I was thinking for 2012, taking $1,000,000/400 and applying that formula for all years then calculating the trend based on the division result, but I'm not sure if that's correct.