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aleksandrvk [35]
3 years ago
5

As the financial consultant to a classic auto dealership, you estimate that the total value (in dollars) of its collection of 19

59 Chevrolets and Fords is given by the formula v = 301,000 + 960t2 (t ≥ 5) where t is the number of years from now. You anticipate a continuous inflation rate of 5% per year, so that the discounted (present) value of an item that will be worth $v in t years' time is p = ve−0.05t. When would you advise the dealership to sell the vehicles to maximize their discounted value? (Round your answer to one decimal place.) years from now

Business
1 answer:
Sophie [7]3 years ago
8 0

Answer:

The owner will maximize value if it waits 29th years Assuming 5% continuos inflation

Explanation:

the price formula for the future years is:

v = 301000 + 960 t^{2}

while it is adjusted for inflation at:

v \times e^{-0.05t}

so the complete formula for value is:

\frac{301000 + 960 t^{2}}{e^{0.05t}}

Now, we can derivate and obtain the roots

Getting at a root exist at the 29th year.

The owner will maximize value if it waits 29th years Assuming 5% continuos inflation

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Cognitive dissonance theory" is most helpful for understanding the impact of:_________. 1. central route persuasion on decision
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Answer:

4. role playing on attitude change

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The theory of cognitive dissonance was developed by Leon Festinger, it statutes that an individual feels discomfort when they experience a conflict between their beliefs and their actions.

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3 years ago
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Gaden company sells a product for $50 per unit. Warialbe costs are $40 per unit. Calculate the contribution margin per unit, in
max2010maxim [7]

The Garden company sells a product for $50 per unit. Variable costs are $40 per unit.  50 % of the contribution margin per unit, in total, and as a ratio.

Selling price per unit - Variable cost per unit = Contribution margin per unit

50 - 25 = $ 25

Sales - Variable cost = Contribution margin

( 610 * 50 ) - ( 610 * 25 ) = $ 15250

Contribution margin / Sales = Contribution margin ratio

15250 / 30500 = 50%.

Variable costs are directly related to the cost of producing goods and services, whereas fixed costs do not change with the level of production. Variable costs are commonly referred to as COGS, but fixed costs are not usually included in COGS. Fluctuations in sales and production levels can affect variable costs when factors such as sales commissions are included in the unit price of production. On the other hand, fixed costs still have to be paid, even if production slows down significantly.

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9 months ago
Which spreadsheet function is used to conduct a logical test to see if the conditions of a given expression can be met? A. Round
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D.IF Function (APEX VERIFIED)

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3 years ago
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Explanation:

5 0
3 years ago
Sheddon Industries produces two products. The products' identified costs are as follows: Product A Product B Direct materials $
bekas [8.4K]

Answer:

The cost per unit for product B is<em> $ 15 per unit</em>

Explanation:

Only Manufacturing Costs are used in Product Costing. Thus to find the Cost Per Unit of Product B, we Prepare a Manufacturing Cost Summary for Product B.

<u>Step 1 Prepare a Manufacturing Cost Summary for Product B</u>

Direct materials                                                                      $ 15,000

Direct labor                                                                             $24,000

Overhead costs($24,000/$36,000) × $54,000                   $36,000

Total Cost for Product B                                                        $75,000

<u>Step 2 Calculate the Cost Per Unit for Product B</u>

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