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dimaraw [331]
3 years ago
7

The profit, P, in dollars for manufacturing n units of a certain product is given by the formula P = 3n2 - 90n - 720. (Assume th

at n is a positive integer.) How many units are produced when the profit is $480.00?
Business
1 answer:
sesenic [268]3 years ago
5 0

Answer:

n=40

Explanation:

We want to know the value of n when P=480

P=3n^2-90n-720\\480=3n^2-90n-720\\3n^2-90n-720-480=0\\3n^2-90n-1200=0\\3(n^2-30n-400)=0\\n^2-30n-400=0

From here, we can find the factors of the quadratic equation, we need two numbers that multiplied give -400 and added -30. Since they are factors of 400, we can choose -20x20 or -40x10. When adding -20 and 20 the result is zero, but the sum of -40 and 10 is -30. Then:

n^2-30n-400=0\\(n-40)(n+10)=0\\

The solutions of the quadratic equation aren-40=0 and n+10=0:

n_1=40\\n_2=-10

Since n is a positive integer:

n=40

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The focus of a(n) __________ strategy is high sales at low cost; the high sales are typically achieved by coming up with a produ
sp2606 [1]

Answer:

Mass marketing

Explanation:

Mass marketing -

It refers to as the marketing strategy , where the focus is on the complete market rather than some specific group , is referred to as mass marketing .

It is the reverse of niche marketing .

Mass marketing requires advertising method like , television , radio , newspaper , magazine etc.

As they tries to capture large area of consumers .

Hence , from the given information of the question ,

The correct answer is mass marketing .

5 0
3 years ago
Thomas brothers is expected to pay a$1.00 per share dividend at the end of the year. Dividend growth rate : 9% a year. The requi
anygoal [31]

Answer:

The correct answer is $12.5.

Explanation:

According to the scenario, the computation of the given data are as follows:

Dividend = $1

Growth rate = 9%

Rate of return = 17%

So, we can calculate the current value of stock by using following formula:

Current value of stock = Dividend ÷ ( Rate of return - Growth rate )

By putting the value, we get

Current value = $1 ÷ ( 17% - 9%)

= $1 ÷ 0.08

= $12.5

5 0
4 years ago
You want $1,000,000 when you retire in 40 years. You decided to save some money every year next 40 years for your retirement. Yo
Lemur [1.5K]

Answer:

Instructions are listed below.

Explanation:

Giving the following information:

A) You want $1,000,000 when you retire in 40 years. It earns 6 percent annually.

We need to use the following version of the final value formula:

FV= {A*[(1+i)^n-1]}/i

A= annual deposit

Isolating A:

A= (FV*i)/{[(1+i)^n]-1}

FV= 1,000,000

n=40

i=0.06

A= (1,000,000*0.06) / [(1.06^40)-1]

A= $6,461.53

B) You decided to contribute $500 a month into a fund that is expected to earn 6 percent, compounded monthly. If you start the contribution a month from today for 30 years.

FV= {A*[(1+i)^n-1]}/i

A= annual deposit

n= 30*12= 360

i= 0.06/12= 0.005

A= 500

FV= {500*[(1.005^360)-1]}/0.005= $502,257.52

3 0
3 years ago
The following credit sales are budgeted by Novak Corp.: May $580700 June 854000 July 1195600 August 1024800 The company’s past e
Andru [333]

Answer:

The anticipated collections for August are $1024800

Explanation:

Based on the past experience part, the cash inflows for August will include 8% of June's sales collection, 20% of July's sales collection and 70% of August's sales collection.

Thus, the anticipated collection for August will be:

  • 8% of June' sales = 854000 * 0.08 = 68320
  • 20% of July's sales = 1195600 * 0.2 = 239120
  • 70% of August sales = 1024800 * 0.7 = 717360

Total anticipated collection-August = 68320 + 239120 + 717360 = $1024800

8 0
3 years ago
For analysis purposes Jay considers his restaurant to have three revenue centers. These are the dining room, the bar and off-sit
Kay [80]

Answer:

40%

Explanation:,

In order to find the percent of Jay’s total revenue that was contributed by off site catering, you have to divide $20,000 by $50,000 to get the weight of off site catering revenue in the Jay's total revenue and multiply for 100 to get the percentage:

($20,000/$50,000)*100= 40%

7 0
3 years ago
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