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Bicycle Coffee Shop is a local chain of coffee shops. With increased competition, they are analyzing the financial impacts of closing an existing location. A
Bicycle Coffee Shop is a local chain of coffee shops. With increased competition, they are analyzing the financial impacts of closing an existing location. A diagnostic analysis would answer which question?
Are sales trending downwards for the location slated to be closed?
If the location is closed, what is the forecasted net income for the Bicycle Coffee shop? What is the total net revenue for the fiscal year for the location slated to be closed?
What sales revenue is needed for the location to be financially sustainable?
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