Starbucks is planning to open a new store across from the, Financial Management

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Starbucks is planning to open a new store across from the

True or False: Starbucks is planning to open a new store across from the student union. Annual revenues are expected to be $5 million. However, opening the new location will cause annual revenues to drop by $3 million at Starbucks’ existing stadium location. The relevant sales revenues for the capital budgeting analysis are $5 million per year.

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