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A cafe has reported these figures for 2020: Sales = $2, 500, 000 Inventory payments = $1, 000, 000 Rates/Utilities payments = $21, 000 Wage
A cafe has reported these figures for 2020:
Sales = $2, 500, 000
Inventory payments = $1, 000, 000
Rates/Utilities payments = $21, 000
Wage payments = $130, 000
Insurance payments = $25, 000
Rent payments = $200, 000
Answer the following questions:
a) If the owner was going to sell this business for $3, 200, 000. Provide 3 reasons why this business shouldn't sell. Then provide 3 reasons why the business should sell.
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