Question

The owner of a bike shop would like to analyze the sales data to determine if the business is growing, declining, or remaining flat. The owner has the following data:
Sales Revenue Last Year =$125,000

Sales Revenue Current Year = $150, 000

What is the Sales Growth?

Answer 1

Answer:

25,000

Step-by-step explanation:

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Answer 2

The sales growth is = $25,000

The analysis of sales data

The revenue generated from a business like that of the owner of a bike shop is by multiplying the number of sales and the sales price or average service price.

The sales Revenue for Last Year =$125,000

The Sales Revenue for Current Year = $150, 000

Therefore the sales growth can be gotten by subtracting the current year from the previous year. Which is,

$150, 000 - $125,000 = $25,000

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