More Stores

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More Stores

by himu » Sat Nov 03, 2012 8:24 pm
Financial Advisor: Clearly, Capital Coffee is losing money this year. In just the last six months, Capital Coffee has closed

over three dozen stores nationwide, and may even need to close more in the future.

The advisor's claim rests on which of the following assumptions?

Domestic coffee sales are outperforming international sales.

All of the store closings were made necessary by low sales volume.

Capital Coffee has not opened more than three dozen stores this year.

All major coffee retailers are losing money this year.

None of Capital Coffee's recently-closed stores had turned a profit in the last two years.
Source: — Critical Reasoning |

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by umeshpatil » Sun Nov 04, 2012 12:25 am
It should be (E).

None of Capital Coffee's recently-closed stores had turned a profit in the last two years.

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by Sapana » Sun Dec 30, 2012 12:35 am
My vote for C.. Whats the OA?

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by aman88 » Sun Dec 30, 2012 12:57 am
IMO E.

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by viveksingh222 » Sun Dec 30, 2012 8:04 am
himu wrote:Financial Advisor: Clearly, Capital Coffee is losing money this year. In just the last six months, Capital Coffee has closed

over three dozen stores nationwide, and may even need to close more in the future.

The advisor's claim rests on which of the following assumptions?

Domestic coffee sales are outperforming international sales.

All of the store closings were made necessary by low sales volume.

Capital Coffee has not opened more than three dozen stores this year.

All major coffee retailers are losing money this year.

None of Capital Coffee's recently-closed stores had turned a profit in the last two years.
Though both C and E support the claim(capital coffee loosing money), inclined towards E.
Reason:Option C says low sales volume while option E clearly states no profit