subject
Business, 13.02.2020 01:32 sierravick123owr441

An automobile manufacturer produces and sells the Energy-Saver Car in North America. It also produces and sells the Smart Little Car in China. In North America, the mean annual number of Energy-Saver Cars produced over the past decade was 12,100. The variance was 8,100. Net revenue for each car sold was $2.1 thousand. (Net revenue is price minus unit variable costs.) The annual fixed costs of the North American facilities were $176 thousand (costs of management, buildings, insurance, etc.). In China, the mean annual number of Smart Little Cars produced over the past decade was 7,500. The variance was 6,400. Net revenue for each car sold was $1.2 thousand. The annual fixed costs of the facility in China were $23 thousand. The covariance between the number of cars produced in North America and the number of cars produced in China was 5,040. Use X and Y to represent the number of cars produced in North America and the number produced in China, respectively. Use PRX and PRY to represent profits in North America and profits in China, respectively. What is the value of mean profit in North America (mean of PRX)?

ansver
Answers: 3

Other questions on the subject: Business

image
Business, 22.06.2019 00:40, mmsomefood85
Gdonald was unhappy that his company did not provide good transport facilities. he found it very strenuous to drive to work on his own, and this eventually led to job dissatisfaction. hence, he recommended ways to solve this problem. according to the evln model, this information suggests that donald's main reaction to job dissatisfaction was:
Answers: 3
image
Business, 22.06.2019 20:50, arturocarmena10
Which of the following is an example of a monetary policy? a. the government requires credit card companies to protect customers' privacy. b. the government restricts the amount of money that banks can lend. c. the government lowers taxes and increases spending. d. the government pays for repairing damage from a natural disaster.
Answers: 1
image
Business, 23.06.2019 00:00, nassercruz04
Both a demand curve and a demand schedule show how a. prices affect consumer demand. b. consumer demand affects income. c. prices affect complementary goods. d. consumer demand affects substitute goods.
Answers: 2
image
Business, 23.06.2019 01:10, aris35
Hillside issues $4,000,000 of 6%, 15-year bonds dated january 1, 2016, that pay interest semiannually on june 30 and december 31. the bonds are issued at a price of $4,895,980. required: 1. prepare the january 1, 2016, journal entry to record the bonds’ issuance
Answers: 3
You know the right answer?
An automobile manufacturer produces and sells the Energy-Saver Car in North America. It also produce...

Questions in other subjects:

Konu
Arts, 07.01.2021 22:00
Konu
English, 07.01.2021 22:00