Increase production rate

Assignment Help Financial Management
Reference no: EM13846155

Cooling tools inc is currently producing 1303 of small refrigerators per month but the company’s ceo plans to increase production rate at 10.06 percent per month until the firm is producing 6139 of refrigerators per month. How many months will this take? Round the answer to two decimal places.

Reference no: EM13846155

Questions Cloud

What is the percentage cost of trade credit to customers : McDowell Industries sells on terms of 3/10, net 30. Total sales for the year are $540,500; 40% of the customers pay on the 10th day and take discounts, while the other 60% pay, on average, 54 days after their purchases. What is the average amount of ..
What would be the nominal cost of that credit : Lamar Lumber buys $8 million of materials (net of discounts) on terms of 3/5, net 45; and it currently pays after 5 days and takes discounts. Lamar plans to expand, which will require additional financing. Assume 365 days in year for your calculation..
Cash conversion cycle-how much would pre-tax profits change : Primrose Corp has $17 million of sales, $2 million of inventories, $3 million of receivables, and $1 million of payables. Its cost of goods sold is 85% of sales, and it finances working capital with bank loans at an 7% rate. What is Primrose's cash c..
Analyze and compare your portfolio''s performance : Analyze and compare your portfolio's performance with an appropriate market index consistent with your final portfolio. Prepare a five page report for your class presentation indicating your goals, objectives and constraints for forming your portf..
Increase production rate : Cooling tools inc is currently producing 1303 of small refrigerators per month but the company’s ceo plans to increase production rate at 10.06 percent per month until the firm is producing 6139 of refrigerators per month. How many months will this t..
Produce a design report for one design : Produce a design report for one design of the product based on one of the scenarios covered on the following pages.
Compounded daily to accumulate money for his down payment : John plans to buy a vacation home in 6 years from now and wants to have saved $91,024 for a down payment. How much money should he place today in a savings account that earns 8.11 percent per year compounded daily to accumulate money for his down pay..
Invest in savings account : If you invest $2,071 today at an interest rate of 6.61 percent compounded daily, how much money will you have in your savings account in 10 years?
Restricted by land conservation easement : Assume you are a shareholder in a corporation that owns a parcel of real estate that is restricted by a land conservation easement that allows agricultural use only. The corporation rents the land to a farmer.

Reviews

Write a Review

Financial Management Questions & Answers

  What will you do in response to their concerns

You are the manager of 10 people in a large organization. Everyone becomes very suspicious and upset when they receive a memo from the HR department saying their jobs are going to ve evaluated. What will you do in response to their concerns? (Give Ci..

  Cash break-even quantity and financial break-even quantity

A project has the following estimated data: price = $54 per unit; variable costs = $29.16 per unit; fixed costs = $6,100; required return = 16 percent; initial investment = $13,000; life = three years. Ignoring the effect of taxes, the accounting bre..

  Find the cost of this short-term financing for pace

Pace Company has borrowed $60,000 from PNC Bank. To repay the loan, it will make two payments, each one $31,000, at the end of 30 days and 60 days. Find the cost of this short-term financing for Pace.

  The foregoing transactions using accounting equation

Here is a list of transactions for a newly-formed corporation that provides professional tax services: Organized the business as a professional corporation, investing $28,000 cash in the business and issuing 1,000 shares of no-par common stock. Recei..

  Investment to retrofit work area-review operating procedures

Hiring physically challenged people to clean bowling shoes will save BowlingBackOffice, Inc (BBO) $3,000 per year for the next 5 years but will require a $10,000 investment to retrofit the work area and review operating procedures to ensure that the ..

  Write a brief overview concerning stock valuation

Write a brief overview concerning stock valuation. A brief explanation of the legal rights and privileges of common stockholders.

  Initial cost probability net revenue probability

A project has a life of 10 years, and no salvage value. The firm uses an interest rate of 12% to evaluate projects. This project has an uncertain initial cost and net revenue as below. A. Joint probability distribution for cost and net revenue B.

  Determine the tax savings for sue on each of the mortgages

Calculate the marginal tax rate obtained for a 30-year mortgage loan at 6.75 percent and a 15-year mortgage loan at 6.5 percent and determine the tax savings for Sue on each of the mortgages.

  What are the monthly payments home mortgage

What are the monthly payments (principal and interest) on a 15-year home mortgage for an $180,000 loan when interest rates are fixed at 8 percent?

  Estimate that a passive portfolio invested to mimic

Assume that you manage a risky portfolio with an expected rate of return of 17% and a standard deviation of 27%. The T-bill rate is 7%. You estimate that a passive portfolio invested to mimic the S&P 500 stock index yields an expected rate of return ..

  Using the internal rate of return

Tall trees inc is using the Internal Rate of Return The IRR when evaluating projects. You have to find the IRR for the companys project. The initial outlay for the project is $450,000. The project will produce the following after tax cash inflows of

  What is the difference between business and pure charity

What is the difference between a business and a pure charity?

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