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Lubov Fominskaja [6]
1 year ago
15

Suppose that the weekly price of milk is $3.40 per gallon and MPEP decides to ramp up weekly advertising by 35 percent to $150 (

in hundreds). Use the best-fitting regression model to estimate the weekly quantity of milk consumed after this advertising increase.
Business
1 answer:
nadezda [96]1 year ago
7 0

Answer:

Total Cost increase  5,253.4 unit

Explanation:

given data

weekly price a = $3.40 per gallon

ramp up weekly b = 35%

ramp up weekly  upto x = $150( in hundred)

solution

we will use here the regression equation that is

Y = a + b x    ...........................1

here Y is Total Cost and a is fixed cost and  

b is rate of variability and x is level of activity

so here put value in equation 1 we get

Total Cost Y = 3.40 + 0.35 × ( 15,000)

Total Cost  Y = 3.40 + 5,250

Total Cost increase  5,253.4 unit

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Remember that Molly has a $2500 down payment saved for this purchase. The dealer will take the $500 Cash Allowance straight off
ivann1987 [24]

Answer:

The complete questions is

Molly is celebrating her exciting new career and wants to upgrade her junky old car for a shiny new Jeep

Patriot. She heads to Jeep’s website and sees the following financing deals:

Remember that Molly has a $2500 down payment saved for this purchase. The dealer will take the $500 Cash Allowance straight off her total. How much loan does Molly need?

Explanation:

6 0
2 years ago
Following are forecasts of sales, net operating profit after tax (NOPAT), and net operating assets (NOA) as of December 31, 2017
andreev551 [17]

Answer:

Explanation:

Current Forecast Horizon Terminal

Year ($ millions) 2017 2018 2019 2020 2021 Sales ........................................................$2,785 $3,838 $5,289 $7,288 $10,043 $10,244 ....................................................330 455 627 864 1,190 1,214NOA .........................................................533 735 1,012 1,395 1,922 1,961ROPI Model

NOPAT – [NOABeg× rDiscount

factor [1 / (1 × ] ...................0.88496 0.78315 0.69305 0.61332 Present value of horizon ................342 416 507 619 present value of horizon ........$1,884 Present value of terminal ...............5,375 .........................................................533 Total firm value ........................................$7,792 Less ..............(462) Firm equity value .....................................8,254 Shares outstanding (millions) ..................103.3 Stock value per share ..............................$ 79.90

7 0
1 year ago
Pottery Unlimited has two product lines: cups and pitchers. Income statement data for the most recent year follow:
HACTEHA [7]

Answer:

- ($51,306)

Explanation:

Given that,

Loss of Contribution = $75,000

Fixed costs will be eliminated by dropping the CUP line = $23,694

Net loss on dropping cup line:

= Loss of contribution - Gain on fixed costs on dropping cup line

= $75,000 - $23,694

= - ($51,306)

Therefore, the net effect on dropping the cup line on net income is $(51,606).

5 0
1 year ago
Demers Inc. reported the following data:
elena-s [515]

Answer:

Cash Flows from Operating Activities  is 555.050

Explanation:

The indirect method involves the adjustment of net income with changes in balance sheet accounts to arrive at the amount of cash generated by operating activities.

It depends on the account if it is added or subtracted to net income. Below you will find the added account with a plus (+) and the subtracted ones with a minus (-)

Notice the amounts of any decreases are in parentheses.

Net income 490.000

Adjustment to reconcile the net income to cash  

+ Depreciation expense 52.000

- Gain on disposal of equipment (7.000)

+ Decrease in accounts receivable  32.400

- Decrease in accounts payable (12.350)

Net cash 555.050

7 0
1 year ago
A regional transportation authority is interested in estimating the mean number of minutes working adults in the region spend co
scoray [572]

Answer:  To remove bias when estimating the proportion of working adults living in urban, suburban, and rural areas.

Explanation: In simple words, stratification refers to the process in which different sections of the society are grouped on the basis of one or more general factors.

In the given case, the company wants to estimate the minutes of working adults in the region and the region is grouped into urban, suburban and rural.

Thus, the random selection from different regions is done so that no bias takes place regarding the number of adult working in these three different areas.

8 0
2 years ago
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