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To promote sales a retailer special scratch-coupons. When the shopper makes a purchase, the clerk scratches o↵ the covering to reveal the amount of the discount. The discount is 10%, 30% and 50% of the initial amount. 7/8 of the coupons give the shopper 10%, 3/32 give 30% , and 1/32 give 50%. Suppose that half of the customers purchase a sweater that retails for $100 and another half purchases a suit that retails for $150. What's the probability that a randomly selected customer saves more than $40 by using one of these coupons?
Should the same people be involved in both processes? Why or why not? Which process is critical for a small business owner?
2a. What is the present value of $7,900 in 10 years at 11%? 5a. If you invest $9,000 today, how much will you have in 2 years at 9%? 5d. In 25 years at 14% compounded semiannually?
the booth companys sales are forecasted to increase from 1000 in 2002 to 2000 in 2003. here is the december 31 2002
you want to buy a house for which the owner is asking 625000. the only problem is that the house is leased to someone
Magnus Credit Corp. wants to earn an effective annual return on its consumer loans of 17.5 percent per year. The bank uses daily compounding on its loans.
a. calculate the tax disadvantage to organizing a u.s. business today as a corporation as compared to a partnership
Suppose you have written both a put and a call on the same stock with the same exercise price and the same expiration date (so you are short both options). You are best off if the stock price on the expiration date is
For the most recent period, explain the differences between the rates
Find the average quarterly inventory and use it to calculate the firm's inventory turnover and the average age of inventory. Assuming that the company is in an industry with an average inventory turnover of 2.0, how would you evaluate the activity of..
What is the firm's investment in accounts receivable? c. What is the company's inventory turnover ratio? d. Identify three ways in which the company could reduce its cash conversion cycle? What are the possible risks of reducing it?
The expected market return is 14%; the risk-free rate is 7%, and the current dividends per share, D0, are $3. Should Globe undertake the planned diversification?
Computation of issue of debt and return on equity thus it expects to use this money and increase sales such that the income before interest and taxes
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