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Business, 06.03.2020 00:24 jaylaa04

Sage Lorimer owns a boutique that sells jewelry made by her husband and other local artists. She is considering expanding the business by opening a second store. The current store has 1,200 square feet! space and 400 square feet of space for , For the new store she would like to double the retail space and triple the admin- iterative space of the current store. At the time the current shop was purchased, retail space sold for $75 pet square foot and general office space cost $30 per square foot. The cost indexes at the time were 153 for retail space and 120 firth office space. The costs indexes are now 140 for retail space and 132 for office space. Estimate the cost for Sage to purchase a second store at this time. Contributed by Gillian Nicholls., University of Alabama Huntsville

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