Consider the budget versus actual figures given for the end of the first quarter:

Apollo

Budgeted statement of financial performance

March 20XX Budget vs. Actual

	Current Month
	Budget	Actual
Sale: credit (30 days)	$20,000	$47,500
Sales: cash	18,000	16,800
Total	38,000	64,300
Cost of goods sold	$10,000	$9,000
Wages	8,000	13,000
Electricity	3,000	3,000
Rent	7,500	7,500
Total	28,000	32,500
Sales contribution	10,000	31,800

From the figures shown, what type of business is it?

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