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bazaltina [42]
2 years ago
12

Donna De Paul is raising money for the homeless. She discovers that each church group requires 2 hours of letter writing and 1 h

our of​ follow-up, while for each labor union she needs 2 hours of letter writing and 3 hours of​ follow-up. Donna can raise ​$100 from each church group and ​$200 from each union​ local, and she has a maximum of 12 hours of letter writing and a maximum of 14 hours of​ follow-up available per month. Determine the most profitable mixture of groups she should contact and the most money she can raise in a month.
Business
1 answer:
IgorC [24]2 years ago
8 0

Answer:

a) 2 letters to church and 4 letters to union

b) $ 1000

Explanation:

Given data:

Letter writing time for church = 2 hours

Follow up required for church = 1 hour

Letter writing time for labor union = 2 hours

Follow up required for labor union = 3 hour

Funds from church = $ 100

Funds from union = $ 200

now, let the number of letters written to church be 'x'

and the number of letters written to labor union be 'y'

According to the given conditions

maximum timing for letter writing = 12 hours

thus,

2x + 2y ≤ 12 hours

or

x + y ≤ 6 hours   ............(1)

also,

Maximum time for follow up = 14 hours

thus,

1x + 3y ≤ 14 hours    ...............(2)

thus, it becomes an LPP problem

on solving the both the equations as equation (1)

     x +   y = 6

- ( 1x + 3y = 14 )

----------------------

    0 - 2y = -8

or

y = 4 hours

substituting the value of y in equation (1) we get

x + 4 = 6

or

x = 2

thus,

the most profitable mixture is 2 letters to church and 4 letters to labor union

now,

Most money that can be raised = (letters to church × money raise from the church) + (letters to union × money raise from the union)

on substituting the values, we have

Most money that can be raised = (2 × $ 100) + (4 × $ 200)

or

Most money that can be raised = $ 1000

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Alex

Answer:

$93,940.85

Explanation:

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First compute after tax cash flow:

Cash inflow = $478,000

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= \frac{100,953.60}{0.142} - 685,000

= $25,940.85

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= $93,940.85

4 0
2 years ago
You inherit $300,000 from your parents and want to use the money to supplement your retirement. You receive the money on your 65
spayn [35]

The constant monthly withdrawal amount can be calculated by using PMT  function in excel as in =PMT(rate,nper,pv) where rate = 7% = 0.07/12 (Monthly rate), nper = 20 years = 20*12 = 240 months and pv = 300,000

Constant monthly withdrawal amount  =PMT(0.07/12,240,300000)

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3 0
2 years ago
In its proposed 2022 income statement, Hrabik Corporation reports income before income taxes $500,000, income taxes $100,000 (no
DaniilM [7]

Answer:

Explanation:

Statement of Comprehensive Income :

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Income from continuing operation before tax     500,000

Income Tax                                                           <u> (100,000)</u>

After Tax Income from Continuing operation                            400,000

Loss from discontinuing operation                       (60,000)

Gain on disposal of discontinuing operation       <u> 40,000</u>

loss  on discontinuing operation b/4 tax              (20,000)

income tax  benefit @ 20%                                     <u>4,000</u>

After tax gain on discontinuing operation                                 (<u>16,000) </u>

Net Income                                                                                   384,000

Unrealized loss on available-for -sale securities                      <u> (150,000)</u>

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8 0
2 years ago
If your risk-aversion coefficient is A = 4.4 and you believe that the entire 1926–2015 period is representative of future expect
tamaranim1 [39]

Answer:

=> fraction of the portfolio that should be allocated to T-bills = 0.4482 = 44.82%.

=> fraction to equity = 0.5518 = 55.18%.

Explanation:

So, in this question or problem we are given the following parameters or data or information which are; that the utility function is U = E(r) – 0.5 × Aσ2 and the risk-aversion coefficient is A = 4.4.

The fraction of the portfolio that should be allocated to T-bills and its equivalent fraction to equity can be calculated by using the formula below;

The first step is to determine or Calculate the value of fraction to equity.

Hence, the fraction to equity = risk premium/(market standard deviation)^2 - risk aversion.

= 8.10% ÷ [(20.48%)^2 × 3.5 = 0.5518.

Therefore, the value for fraction of the portfolio that should be allocated to T-bills = 1 - fraction to equity = 1 - 0.5518 =0.4482 .

8 0
2 years ago
Paris operates a talent agency as a sole proprietorship, and this year she incurred the following expenses in operating her tale
Marrrta [24]

Answer:

The total deductible amount of these expenditures is $450.

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3 0
2 years ago
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