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Based on this data above, should I open a new location for my business. What is your recommendation? Explain why I should open a new
Based on this data above, should I open a new location for my business. What is your recommendation?
Explain why I should open a new location based on the given information.
\begin{tabular}{|c|c|c|c|c|c|c|} \hline Year & Sales & Profit & Costs & Utilities & Labor & COGS \\ \hline 1 & 1887988 & $0.00 & $1,887,988.00 & $310,600.00$38,644.00 & $594,750.00 & 943994 \\ \hline 2 & 2137030 & $84,306.20 & $2,052,723.84 & $319,918.00$39,803.32 & $624,487.50 & 1068515 \\ \hline 3 & 2418923 & $183,236.62 & $2,235,686.29 & $329,515.54$40,997.42 & $655,711.88 & 1209461 \\ \hline 4 & 2738000 & $298,874.13 & $2,439,125.76 & $339,401.01$42,227.34 & $688,497.47 & 1369000 \\ \hline 5 & 3099166 & $433,583.41 & $2,665,582.49 & $349,583.04$43,494.16 & $722,922.34 & 1549583 \\ \hline & & $1,000,000.36 & & & & \\ \hline Sales Growth & 13.19% & & & & & \\ \hline \end{tabular}Step by Step Solution
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