Arnold tofu owns and operates a chain of 12 vegetable

Assignment Help Finance Basics

Reference no: EM13394150

Arnold Tofu owns and operates a chain of 12 vegetable protein "hamburger" restaurants in northern Louisiana. Sales figures and profits for the stores are in the table below. Sales are given in millions of dollars; profits are in hundreds of thousands of dollars. Calculate a regression line for the data. What is your forecast of profit for a store with sales of $24 million? $30 million?

Store . Profits . Sales
. 1 . 14 . 6
. 2 . 11 . 3
. 3 . 15 . 5
. 4 . 16 . 5
. 5 . 24 . 15
. 6 . 28 . 18
. 7 . 22 . 17
. 8 . 21 . 12
. 9 . 26 . 15
. 10 . 43 . 20
. 11 . 34 . 14
. 12 . 9 . 5

Reference no: EM13394150

Questions Cloud

What do you mean by quality of capital per worker how does : 1. what do you mean by quality of capital per worker? how does improvement in quality of capital affect economic

Write a 5 3-7 page double spaced reflective essay : write a 5 3-7 page double spaced reflective essay discussing your philosophy of management control and leadership.

Concurrent engineering involves overlapping tasks and : 1. which of the following is an example of a project?a. maintaining e-mail addressesb. capacity planningc. submitting

How would you go about ensuring practice of the expeditor : in many countries expeditors can help you cut through layers of bureaucracy so that you can get your business done or

Arnold tofu owns and operates a chain of 12 vegetable : arnold tofu owns and operates a chain of 12 vegetable protein hamburger restaurants in northern louisiana. sales

Compute the safety stock quantities and the inventory cost : consider the following data.inventory itemaverage demand annualsigma std. dev. of demand during lead timeitem unit

The service industry makes up approximately what percentage : 1. the service industry makes up approximately what percentage of all jobs in the united states-2. which is not true

Reason whether global economy will return to mercantilist : globalization was welcomed around the world at the beginning of the 1990s. different trade theories were used to

When the genesis and sensible essential teams held their : when the genesis and sensible essential teams held their weekly meeting the time value of money and its applicability

User Account

All Pages