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Anna35 [415]
2 years ago
15

The Family Restaurant chain had a 10% return on a $74,000 investment in new ovens. The investment resulted in increased sales an

d an increase in income that was 4% of the increase in sales. The increase in sales was:
Business
1 answer:
Maurinko [17]2 years ago
8 0

Answer: $185,000

Explanation:

The 10% Return on investing in the oven is said to be the same as 4% of the increase in sales.

Return on oven = 10% * 74,000

= $7,400

$7,400 is 4% of increase in sales;

Increase in sales = 7,400/4%

= $185,000

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