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Vs. Bar Investor Upon witnessing the pandemonium in Canal Park after the Bulldogs won the NCAA National Championship (Hockey), you are interested in investing $100,000
Vs. Bar Investor Upon witnessing the pandemonium in Canal Park after the Bulldogs won the NCAA National Championship (Hockey), you are interested in investing $100,000 in a sports bar. After some searching, you narrowed your search to two bars. The first bar, "Tequila Mockingbird", had $500,000 in annual revenue, $350,000 in variable costs and $50,000 in fixed cost. The second, "Bottles 'R'US", had $500,000 in annual revenue, $150,000 in variable costs and $250,000 in fixed cost. a. Which bar would you invest in? (5 points) - no right or wrong choice, but why in (b) matters. b. How would you justify your decision? (Quantitative, Qualitative) (45 Points)
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