Revenue and Profit The revenues and profits of Buffalo Wild Wings for 2011 and 2013 are shown in the table. (a) Use the Midpoint Formula to estimate the revenue and profit in 2012. (b) Then use your school’s library, the Internet, or some other reference source to find the actual revenue and profit for 2012. (c) Did the revenue and profit increase in a linear pattern from 2011 to 2013? Explain your reasoning. (d) What were the expenses during each of the given years? (e) How would you rate the growth of Buffalo Wild Wings from 2011 to 2013? ( Source: Buffalo Wild Wings, Inc. ) Year 2011 2012 2013 Revenue (millions of $) 784.5 1266.7 Profit (millions of $) 50.4 71.6
Revenue and Profit The revenues and profits of Buffalo Wild Wings for 2011 and 2013 are shown in the table. (a) Use the Midpoint Formula to estimate the revenue and profit in 2012. (b) Then use your school’s library, the Internet, or some other reference source to find the actual revenue and profit for 2012. (c) Did the revenue and profit increase in a linear pattern from 2011 to 2013? Explain your reasoning. (d) What were the expenses during each of the given years? (e) How would you rate the growth of Buffalo Wild Wings from 2011 to 2013? ( Source: Buffalo Wild Wings, Inc. ) Year 2011 2012 2013 Revenue (millions of $) 784.5 1266.7 Profit (millions of $) 50.4 71.6
Solution Summary: The author calculates the revenue and profit of Buffalo Wild Wings for 2011 and 2013 based on the table.
Revenue and Profit The revenues and profits of Buffalo Wild Wings for 2011 and 2013 are shown in the table. (a) Use the Midpoint Formula to estimate the revenue and profit in 2012. (b) Then use your school’s library, the Internet, or some other reference source to find the actual revenue and profit for 2012. (c) Did the revenue and profit increase in a linear pattern from 2011 to 2013? Explain your reasoning. (d) What were the expenses during each of the given years? (e) How would you rate the growth of Buffalo Wild Wings from 2011 to 2013? (Source: Buffalo Wild Wings, Inc.)
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