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a store is considering expanding to offer food for their customers. So far, they have spent $ 1 0 , 0 0 0 on market
a store is considering expanding to offer food for their customers. So far, they have spent $ on market research and determined that there would be substantial demand for their food. The cooking equipment would cost $ and has an economic life of ten years and will be fully depreciated by the straightline method. They predict that they will sell food dishes per year, with each costing an average of $ to make including labor costs and priced at an average price of $ Assume that the discount rate is percent and the tax rate is percent. Should the coffee shop make the purchase?
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