An Owner Is Building a New Operation and Calculates That

Multiple Choice

An owner is building a new operation and calculates that it can achieve $400 in sales per square foot built. The own feels that to achieve a desired 18 percent ROI the operation must generate $1,100,000 in annual revenue. How large should the owner's new facility be to generate the desired level of annual revenue?

A) 2,000 square feet
B) 2,750 square feet
C) 3,250 square feet
D) 4,000 square feet