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4 years ago

When determining how much help is needed to write the business plan an entrepreneur should conduct a self-assessment.

Business

1 answer:

kramer4 years ago

5 0

Answer:

The correct answer is letter "C": venture capital.

Explanation:

While determining a business plan individually, managers must portrait all the situations in which the business will be handled, since the beginning until the company is up and running. Managers must consider what product or service will be offered, what the production process will be and how it is going to be organized. Besides, what kind of labor hand will be necessary according to the business. If <em>accurate</em>, the business plan will be put into practice.

The process of investing itself is not necessary at this stage, so the venture capital is not going to be needed yet when only making the business plan.

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Suppose you take out a margin loan for $70,000. You pay an effective rate of 6.3 percent. If you repay the loan in two months, h

Katarina [22]

Answer:

I will pay $537.43 as interest.

Explanation:

Principal amount = F = $70,000

Effective rate = 6.3% / 12 = 0.525% monthly

t = 2 months

Interest Amount for 2 months = [2x (r x F) / 1 − ( 1 + r )^−t] = [2 x (0.525% x 70,000) / 1 - ( 1 + 0.525%)^-2 = $735 / 0.01042 = $70537.43

Interest Amount = $70537.43 - 70,000 = $537.43

Interest payment of two month margin loan for amount $70,000 at effective rate 6.3% is $537.43.

4 0

3 years ago

Mint Corporation has several transactions with foreign entities. Each transaction is denominated in the local currency unit of t

skad [1K]

Answer:A$460 loss

Explanation:

The value of the $ compare to LCU has fallen by $0.02 ( 1.08 to $1.10)

multiply by LCU $23000

7 0

4 years ago

11. Before adding cream to a simmering soup, you need to

TEA [102]

Answer:

simmer the cream

Explanation:

Don't add cold milk directly into a hot liquid. Instead, whisk small amounts of the hot liquid into the cold milk. When the milk is warm, then add it into the hot liquid. This process is called tempering. Or, simply heat the milk gently in a saucepan before adding it.

6 0

3 years ago

g Romans sells the Regular blend for $3.60 per pound and the DeCaf blend for $4.40 per pound. Romans would like to place an orde

Karolina [17]

Romans Food Market, located in Saratoga, New York, carries a variety of specialty foods from around the world. Two of the stores leading products use the Romans Food Market name: Romans Regular Coffee and Romans DeCaf Coffee. These coffees are blends of Brazilian Natural and Columbian mild coffee beans, which are purchased from a distributor from New York City. Because Romans purchases large quantities the coffee beans may be purchased om an as need basis for the price of 10% higher than the market price the distributor pays for the beans. The current market price is $0.47 per pound for Brazilian Natural and $0.62 per pound for Columbian Mild The composition of each coffee blend are as follows:

Bean Regular DeCaf Blend

Brazilian Natural 75% 40%

Columbian Mild 25% 60%

Romans sells the Regular blend for $3.60 per pound and the DeCaf blend for $4.40 per pound. Romans would like to place an order for the Brazilian and Colombian coffee beans that will enable the production of 1000 pounds of Romans Regular coffee and 500 pounds of Romans DeCaf coffee. The production cost is $0.80 per pound for the Regular blend. Because of the extra steps required to produce DeCaf, the production cost for the DeCaf blend is $1.05 per pound. Packaging costs for both products are $0.25 per pound. Formulate a linear programming model that can be used to determine the pounds of Brazilian Natural and Colombian Mild that will maximize the total contribution to profit.

Answer:

$\mathbf{Max \ Z = 2.033 BR + 2.583 BD + 1.868 CR + 2.418 CD}$

Explanation:

From the given information:

The total revenue can be illustrated as :

Total revenue = 3.6 BR + 4.4 BD + 3.6 CR + 4.4 CD

On the other hand; the total cost of the beans is:

= 1.1 (0.47 BR + 0.47 BD + 0.62 CR + 0.62 CD)

= 0.517 BR + 0.517 BD + 0.682 CR + 0.682 CD

Also; The total production cost is :

= 0.8 BR + 1.05 BD + 0.8 CR + 1.05 CD

The total profit = Total revenue - Total Cost of Beans - Total Production Cost

The total profit = $\left[\begin{array}{}3.6 BR + 4.4 BD + 3.6 CR + 4.4 CD\\- (0.517 BR + 0.517 BD + 0.682 CR + 0.682 CD)\\-(0.8 BR + 1.05 BD + 0.8 CR + 1.05 CD)\end{array}\right]$

The total profit = 2.033 BR + 2.583 BD + 1.868 CR + 2.418 CD

Therefore the linear programming model represents the Objective function of the total profit as:

$\mathbf{Max \ Z = 2.033 BR + 2.583 BD + 1.868 CR + 2.418 CD}$

3 0

3 years ago

A manufacturer can produce at most 140 units of a certain product each year. The demand equation for the product is pequalsq squ

Leokris [45]

Answer:

As it can sale up to 140 it should sale 140 units

Explanation:

P = Q^2 - 100Q + 4800

C = 2/3Q^2 -30Q + 15,000Q^-1

Profit per unit P - C = (1/3Q^2 -70Q + 4800 - 15000Q^-1)

Total Profit Profit per unit x Q

1/3Q^3 - 70Q^2 + 4800Q - 15000

As this is a third degree equation the profit scalates therefore the company should sale as much as possibley can to make profit

As it can sale up to 140 it should sale 140 units

Also if we try to detemrinate the point at which Marginal revenue matches Marginal cost:

Revenue

P x Q = (Q^2 - 100Q + 4800) x Q = Q^3 - 100Q^2 + 4800Q

marginal Revenue (slope of the revenue funciton)

3Q^2-200Q+4,800

Cost

C x Q = (2/3Q^2 -30Q + 15,000Q^-1)* Q = 2/3Q^3 -30Q^2 + 15,000

Marginal Cost (slope of the cost function)

2Q^2 - 60Q

Marginal Revenue = Marginal Cost

3Q^2-200Q+4,800 = 2Q^2 - 60Q

Q^2 -140Q + 4800 = 0

When solving with the quadratic formula for the root (profit maximization point we notice the isn't a solution thus It cannot be solved which enhance the previous point that there isn't a profit maximization point in this assignment.

6 0

3 years ago