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The sales growth of the business of owner of a bike shop is $25000 and this business is growing.
What is sales growth?
Sales growth is the amount of by which a business is growing. Sales growth is the difference of sales revenue of current year and the sales revenue of last year.
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
As, the sales growth is the difference of sales revenue of current year and the sales revenue of last year. Thus, the sales growth of the business is,
[tex]\rm SG=150000-125000\\SG=25000[/tex]
Hence, the sales growth of the business of owner of a bike shop is $25000 and this business is growing.
Learn more about the sales growth here;
https://brainly.com/question/7510515
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