Robbie Oliver already owns a successful restaurant in London. He is now considering opening a second restaurant

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Robbie Oliver already owns a successful restaurant in London. He is now considering opening a second restaurant in either Richmond or Hampton. Property is slightly cheaper in Hampton, but sales are likely to be lower than in Richmond. The following table shows financial estimates for the two locations.

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Calculate the ARR for each restaurant, and decide which investment is the more favourable of the two.

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Business Accounting An Introduction To Financial And Management Accounting

ISBN: 9780230276239

2nd Edition

Authors: Jill Collis, Roger Hussey, Andrew Holt, Holt Collis, J. Collis

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