Define the terms of revenues and profits, Accounting Basics

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Define the terms of revenues and profits

Response to the following problem:

Evaluate Sears' change in strategy from a financial supermarket to a greater concentration on its retail stores.

a. How has Sears fared since 1995 in terms of revenues and profits?

b. Calculate the return on Sears' common stock each year since 1995. How has Sears fared since 1995 in terms of returns to shareholders? How do the returns to shareholders compare with the returns on the market as a whole?

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Accounting Basics: Define the terms of revenues and profits

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Accounting Basics: Define the terms of revenues and profits

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