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Author Question: An exclusive gift shop located in a resort hotel had net sales last year of 2,430,000 in 2,000 ... (Read 51 times)

ss2343

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on: Sep 11, 2018
An exclusive gift shop located in a resort hotel had net sales last year of 2,430,000 in 2,000 square feet of selling space. Determine the store's sales per square foot.
 
  What will be an ideal response?

Question 2

A shoe store averages sales of 650 per square foot. How many square feet of space would be needed to produce total annual sales of 1,350,000?
 
  What will be an ideal response?


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joshbk44

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Reply #1 on: Sep 11, 2018
Answer to Question 1

Sales/sq. ft. = 2,430,000  2,000 sq. ft. = 1,215

Answer to Question 2

Square feet needed = 1,350,000  650 = 2,076.92 sq. ft.


ss2343

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Reply #2 on: Sep 11, 2018
Thank you!


joshbk44

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Reply #3 on: Sep 11, 2018
Always glad to help...


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