Determine your forecast of profit for a store with sales of

Reference no: EM13478048

A fast-food restaurant owner operates a dozen outlets in California. One menu item is the most popular among others, and its sales (X, in millions of dollars) is related to Profits (Y, in hundreds of thousands of dollars). Forecasting equation obtained based on the historical data is:

Y = 7.31 + 0.54 X

What is your forecast of profit for a store with sales of $40 million?

Reference no: EM13478048

Questions Cloud

What strategic issues and problems does harley davidson : continuing in your role as a market manager prepare a brief swot analysis of harley davidson related to competing in

Monthly demand forecast of stx-43 is 800 units averaged : monthly demand forecast of stx-43 is 800 units averaged over all 12 months of the year. the product is known to have a

Determine your forecast of profit for a store with sales of : a fast-food restaurant owner operates a dozen outlets in california. one menu item is the most popular among others and

Briefly explain how is airbus able to compete with boeing : briefly address how is airbus able to compete with boeing for world leadership in large commercial aircraft? also if

Determine your forecast of profit for a store with sales of : a fast-food restaurant owner operates a dozen outlets in california. one menu item is the most popular among others and

Monthly demand forecast of stx-43 is 800 units averaged : monthly demand forecast of stx-43 is 800 units averaged over all 12 months of the year. the product is known to have a

Describe how ferguson and son manufacturing companys : q1. identify the problems that appear to exist in ferguson amp son manufacturing companys budgetary control system and

Today is your 21st birthday and your bank account balance : question 1 today is your 21st birthday and your bank account balance is 25000. your account is earning 6.5 interest

The firm paid dividends to preferred stockholders of 40000 : pdq corp. has sales of 4000000 the firms cost of goods sold is 2500000 and its total expenses are 600000. the firms

Reviews

Write a Review

Required(*) Message

Finance Basics Questions & Answers

Financial reporting and analysis

Finance is about Gunns Ltd, a company in dealing with forestry products in Australia. The company has also been listed in Australian Stock Exchange. As many companies producing forestry products, even Gunns Ltd is facing various problems. Due to the ..

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!

Submit Assignment

User Account

All Pages