Business, 17.02.2020 19:49, fatlenny

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 1200 square feet of retail space and 400 square feet of space for administrative offices. For the new store she would like to double the retail space and triple the administrative space of the current store. At the time the current shop was purchased, retail space sold for $75 per square foot and general office space cost $30 per square foot. The cost indexes at the time were 153 for retail space and 120 for 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.

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Sage Lorimer owns a boutique that sells jewelry made by her husband and other local artists. She is...