Business, 24.01.2020 23:31 tlily2480

Suppose you have just inherited $6,000 and you want to invest it. upon hearing this news, two different friends have offered you an opportunity to become a partner in two different entrepreneurial ventures, one planned by each friend. in both cases, this investment would involve expending some of your time next summer as well as putting up cash. becoming a full partner in the first friend's venture would require an investment of $5,000 and 400 hours, and your estimated profit (ignoring the value of your time) would be $4,500. the corresponding figures for the second friend's venture are $4,000 and 500 hours, with an estimated profit to you of $5,000. however, both friends are flexible and would allow you to come in at any fraction of a full partnership you would like; your share of the profit would be proportional to this fraction.

because you were looking for an interesting summer job anyway (maximum of 600 hours), you have decided to participate in one or both friends ventures in which combination would maximize your total estimated profit. you now need to solve the problem of finding the best combination.

Answers: 1

Show answers

Another question on Business

Business, 22.06.2019 05:20

Carmen co. can further process product j to produce product d. product j is currently selling for $20 per pound and costs $15.75 per pound to produce. product d would sell for $38 per pound and would require an additional cost of $8.55 per pound to produce. what is the differential revenue of producing product d?

Answers: 2

Answer

Business, 22.06.2019 10:30

The card shoppe needs to maintain 21 percent of its sales in net working capital. currently, the store is considering a four-year project that will increase sales from its current level of $349,000 to $408,000 the first year and to $414,000 a year for the following three years of the project. what amount should be included in the project analysis for net working capital in year 4 of the project?

Answers: 3

Answer

Business, 22.06.2019 20:30

John and daphne are saving for their daughter ellen's college education. ellen just turned 10 at (t = 0), and she will be entering college 8 years from now (at t = 8). college tuition and expenses at state u. are currently $14,500 a year, but they are expected to increase at a rate of 3.5% a year. ellen should graduate in 4 years--if she takes longer or wants to go to graduate school, she will be on her own. tuition and other costs will be due at the beginning of each school year (at t = 8, 9, 10, and 11).so far, john and daphne have accumulated $15,000 in their college savings account (at t = 0). their long-run financial plan is to add an additional $5,000 in each of the next 4 years (at t = 1, 2, 3, and 4). then they plan to make 3 equal annual contributions in each of the following years, t = 5, 6, and 7. they expect their investment account to earn 9%. how large must the annual payments at t = 5, 6, and 7 be to cover ellen's anticipated college costs? a. $1,965.21b. $2,068.64c. $2,177.51d. $2,292.12e. $2,412.76

Answers: 1

Answer

Business, 22.06.2019 21:20

1. what are the unique operational challenges to delivering fresh meals? 2. why is speed of delivery so important for delivered meals? what variety of options contribute to this performance metric? 3. how could operations management concepts be utilized to improve the performance of freshly? 4. what are your typical product delivery times? what would be required to speed these up? 5. what are your delivery batch quantities? how could you reduce batch size and reduce delivery cost simultaneously using operations management concepts?

Answers: 2

Answer

You know the right answer?

Suppose you have just inherited $6,000 and you want to invest it. upon hearing this news, two differ...

Questions