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Management Studies

A gourmet ice cream store has fixed cost expenses (rent, utilities) of $100,000/year. The ice cream cost $5/liters to produce and sell for $7 per liter. The store sells around 150,000 liters of ice cream per year. If the gourmet ice cream store is going to operate for 5 years what is the payback period for an investment of 400,000 in the first year

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Business Management, Management Studies

Category:- Business Management
Reference No.:- M91243402

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