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Marcia Curtis is the Vice President of Development for Tamales to Go a rapidly expanding chain of restaurants featuring takeout tamales and other Mexican
Marcia Curtis is the Vice President of Development for "Tamales to Go a rapidly expanding chain of restaurants featuring takeout tamales and other Mexican food specialties. Currently, the chain has units and average unit volume is $ per year. Annual perunit revenue growth for opened units is percent per year. Tonya Gamez, the chain's president, has promised company stockholders that the chain will experience percent overall revenue growth in the next year. Assuming that perunit growth on existing units continues to average percent, calculate how many total operating units Marcia will need to have open next year to meet Tonya's goal of a percent overall increase in the chain's revenue.
Marcia Curtis is the Vice President of Development for "Tamales to Go a
rapidly expanding chain of restaurants featuring takeout tamales and other
Mexican food specialties. Currently, the chain has units and average
unit volume is $ per year. Annual perunit revenue growth for
opened units is percent per year.
Tonya Gamez, the chain's president, has promised company stockholders
that the chain will experience percent overall revenue growth in the next
year. Assuming that perunit growth on existing units continues to average
percent, calculate how many total operating units Marcia will need to
have open next year to meet Tonya's goal of a percent overall increase
in the chain's revenue.
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