Calculate the amount of the annual sales

Assignment Help Finance Basics
Reference no: EM131941517

Question: Banner Co. currently sells 28,200 cars per year at $42,300 each, and 11,280 luxury cars per year at $79,900 each. The company wants to introduce a new sports car, and it hopes to sell 19,740 of these cars per year at $11,280 each. An independent consultant has determined that if the firm introduces the new cars, it should boost the sales of its regular cars by 4,700 units per year, and reduce the sales of its luxury coaches by 1,222 units year. Calculate the amount of the annual sales figure including the impact on the existing products.

Reference no: EM131941517

Questions Cloud

Challenge nurse advocates seeking change : Considering the many factors that contribute to the change process, what are the most consistent factors that challenge nurse advocates seeking change?
Describe a health concern or service in your community : Describe a health concern or service in your community that needs improved social marketing and How could improved social marketing address this issue
What is the aftertax cost of debt in given case : Bargeron Corporation has a target capital structure of 64 percent common stock, 9 percent preferred stock, and 27 percent debt.
What were the reasons for arshads disillusionment : While she was efficient at what she did and extremely intelligent, she had neither the time nor the inclination to groom her subordinates.
Calculate the amount of the annual sales : Banner Co. currently sells 28,200 cars per year at $42,300 each, and 11,280 luxury cars per year at $79,900 each. The company wants to introduce a new sports.
Find the amount of each retirement payment : Bartholomew plans to retire in 6 years from today with $600,000 in his retirement account, which has an annual return of 3.4 percent.
Cross-functional integrated systems in business : How would a business decide if this type of integrated systems would help it? What are the risks in putting this type of integrating systems in place?
How does dissection help analyze how the song is performed : What is the song form and how does this dissection help analyze how the song is performed? What role does the vocal play in contrast to the instrumentation?
What are the major limitations of the eoq model : What are the major limitations of the EOQ model?

Reviews

Write a Review

Finance Basics Questions & Answers

  First prize in the centennial lottery

You have just received notification that you have won the $1 million first prize in the Centennial Lottery.

  What is muddy’s degree of operating leverage (dol)

Muddy Murphy's degree of financial leverage (DFL) is 4×. The company knows that if sales are 6 percent higher than forecasted, its EPS will increase by 36 percent. What is Muddy's degree of operating leverage (DOL)?

  Risk management techniques from experts in the field

In this assignment, you will compare and evaluate risk management techniques from experts in the field. Go to the Ashford University Library and find one article by Dr. James Kallman. Dr. Kallman, an expert in the field of risk management, has wri..

  I you deposit 10000 in a bank account that pays 10

if you deposit 10000 in a bank account that pays 10 interest annually how mch will be in your account after 5

  Selected condensed data taken from a recent balance sheet

selected condensed data taken from a recent balance sheet of perkins inc. are as follows.perkins inc.balance sheet

  Tom skinner has 45000 invested in a stock with a beta of 08

tom skinner has 45000 invested in a stock with a beta of 0.8 and another 55000 invested in a stock with a beta of

  Create a portfolio with an expected return

Your choices are Stock X with an expected return of 11 percent and Stock Y with an expected return of 8.0 percent. If your goal is to create a portfolio with an expected return of 9.59 percent, how much money will you invest in Stock X and Stock Y..

  Making decision through online information

Juan, a friend of yours, just inherited some amount from his great-aunt & is trying to decide how to invest it. He has come up with some firms that he's interested in & has been doing a little research online.

  How could you improve and speedup the shopping experience

When you go to your local grocery store you are shopping in a manner that is considered "Picker-to-Stock". How could you improve and speedup the shopping

  Zero-coupon corporate bonds

Grummon Corporation has issued? zero-coupon corporate bonds with a? five-year maturity? (assume $ 100$ face value? bond).

  Jiminy cricket removal has a profit margin of 9 percent

jiminy cricket removal has a profit margin of 9 percent total asset turnover of 1.15 and roe of 14.31

  Risks of incurring foreign tax in exporting goods

Assess the risks of incurring foreign tax in exporting goods from the U.S. Based on your assessment, propose a strategy to minimize or eliminate the foreign tax risk.

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd