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Source of this review: None; use your own logic or common sense Number of attempts: 1 Instruction: There are 10 questions for this review. Each

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Source of this review: None; use your own logic or common sense Number of attempts: 1 Instruction: There are 10 questions for this review. Each question is worth 1 point. Assume you currently own a fast-food restaurant specializing in salads and healthy sandwiches in Harrisburg. You are considering whether to open a burger chain restaurant in Harrisburg. List five most important "financial" variables that you need to know to make the decision. 1. 2. 3. 4. 5. Should the following items be considered as part of your decision? 6. The cost of feasibility study of $50,000 that you already paid to a consulting company. YES NO 7. Current revenue and operating costs of the existing restaurant. YES 8. Sales of the existing restaurant will drop by $100,000 per year if the new restaurant is open. YES 9. Sales and operating costs of the new restaurant. YES 10. Money that you will use to invest in the new restaurant if you decide to open it currently earns 10% return. YES NO

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