Sam Spade is comparing two sites for his new sports store. Sam's merchandise generally appeals to college age students. Both sites will be highly visible to customers. One site is in The Mall in Johnson City. The other is next to The College Bookstore near ETSU's campus. Sam estimates the average number of customers will be about 0.25% of the daily traffic count and the value of the average sale per customer will be about $50.00 USD, which is the median price of merchandise. The average cost of merchandise is 45% of the retail price. Sam needs to do some renovating at each site and will pay monthly rent at each site (based on 12 months each year). His shop will be open 312 days each year. Use the annual before tax profit for each of the sites when answering the following questions: Based on expected profit, should Sam open his store at The Mall or by The College Bookstore? The Mall The College Bookstore Save ___ Operations function of business provides services to customers and/or produces the goods the company makes. True False