subject
Business, 22.11.2019 00:31 jenn8055

Residents of mill river have fond memories of ice skating at a local park. an artist has captured the experience in a drawing and is hoping to reproduce it and sell framed copies to current and former residents. he thinks that if the market is good he can sell 500 copies of the elegant version at $150 each. if the market is not good, he will sell only 450 at $100 each. he can make a deluxe version of the same drawing instead. he feels that if the market is good he can sell 700 copies of the deluxe version at $110 each. if the market is not good, he will sell only 350 copies at $90 each. in either case, production costs will be approximately $40 comma 000. he can also choose to do nothing at this time. if he believes there is a 50% probability of a good market, what should he do? a. make the deluxe version b. make the elegant version c. nothing

ansver
Answers: 2

Other questions on the subject: Business

image
Business, 22.06.2019 21:00, lathwkuster
Identify whether the statements are true or false by dragging and dropping the appropriate term into the bin provided. long-run economic growth is unlikely to be sustainable because of finite natural resources. in the modern economy, countries that possess few domestic natural resources essentially have no chance to develop economically. finding alternatives to natural resources will be very important to long-term economic growth. in the modern economy, human and physical capital are generally less important in productivity than natural resources. in the 19th century, countries with the highest per capita gdp were nearly always abundant in minerals and productive farming land.
Answers: 1
image
Business, 22.06.2019 23:30, autumnsusan190ox9kn4
Decision alternatives should be identified before decision criteria are established. are limited to quantitative solutions are evaluated as a part of the problem definition stage. are best generated by brain-storming.
Answers: 1
image
Business, 23.06.2019 02:30, jamilamiller200
Consider the following condensed financial statements of money freedom comma inc. the company's target rate of return is 30%: (click the icon to view the comparative balance sheet.) (click the icon to view the income statement.) requirements 1. calculate the company's roi. round all of your answers to four decimal places. 2. calculate the company's profit margin ratio. interpret your results. 3. calculate the company's asset turnover ratio. interpret your results. 4. use the expanded roi formula to confirm your results from requirement 1. interpret your results. 5. calculate the company's ri. interpret your results. requirement 1. calculate the company's roi. round all of your answers to four decimal places. begin by selecting the formula to calculate return on investment (roi), and then enter the amounts to calculate the company's roi. (round your calculations to four decimal places and enter your answer as a percent, x. xx%)
Answers: 1
image
Business, 23.06.2019 12:00, maddihamidou
Lipman auto parts, a family-owned auto parts store, began january with $10,300.00 in cash. management forecasts that collections from credit customers will be $11,400.00 in january and $14,800.00 in february. the store is scheduled to receive $5,000.00 in cash on a business note receivable in january. projected cash payments include inventory purchases ($13,000.00 in january and $13,600.00 in february) and operating expenses ($2,700.00 each month). lipman auto parts' bank requires a $10,000.00 minimum balance in the store's checking account. at the end of any month when the account balance dips below $10,000.00, the bank automatically extends credit to the store in multiples of $1,000.00. lipman auto parts borrows as little as possible and pays back loans in quarterly installments of $2,000.00, plus 4 percent interest on the entire unpaid principal. the first payment occurs three months after the loan.
Answers: 2
You know the right answer?
Residents of mill river have fond memories of ice skating at a local park. an artist has captured th...

Questions in other subjects:

Konu
Social Studies, 09.07.2019 18:30
Konu
Mathematics, 09.07.2019 18:30