Calculate Friendly’s annual fixed costs and break even sales for the third store under the best… 1 answer below »

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Calculate Friendly’s annual fixed costs and break even sales for the third store under the best and the worst case scenarios. (Best case considers the low end of cost estimates.) What sales are required for a 10% return on the amount invested into the new store? Repeat exercise A assuming that Friendly will build a 10,000 square foot store. Please prepare a short memorandum to the Board of Directors of Friendly Co-op indicating (1) Whether Friendly should open a store in a third location, (2) If so, what should be size of this store and (3) Other factors to consider. Please support your recommendations with suitable financial and market analysis.

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