Darden Restaurants, Inc. owns a number of popular restaurants. According to the company's 2005 report the cost of sales increased from $3.1 billion in 2001 to $4.1 billion in 2005. During the same time period, revenue from sales increased from $4 billion to $5.3 billion.
a) Between 2001 and 2005 was the cost of sales increasing more rapidly than the revenue?
b) What is an equation of a linear function that models revenue from sales as a function of cost from sales?
c) Given the model you found in b) what do you estimate the revenue was when the cost of sales was $3.9 billion?
d) According to the company's report the cose of sales was $3.9 billion in 2004 and the revenue from sales was $5 billion. How well did your esimate in part c) fit the actual data?
This is only my second post, so again I'll say, if I did anything wrong with how or where I posted this please just let me know!
Thanks so much for ANY help on this problem!