You are the owner of Vanessa's Lunch Bar and the figures below represent two months of trading.
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Question:
You are the owner of Vanessa's Lunch Bar and the figures below represent two months of trading.
Study the data and answer the questions that follow the information.
What could account for the revenue in Week 1 of Month 2 dropping by 20% compared to Month 1?
- If Total Transactions is used to calculate AVERAGE SPEND PER CUSTOMER, is this an accurate figure? Explain you answer.
- What factors may have contributed to a lower Average Spend per Customer in Month 2?
Related Book For
Accounting concepts and applications
ISBN: 978-0538745482
11th Edition
Authors: Albrecht Stice, Stice Swain
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