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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?.

Sagot :

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.

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