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lidiya [134]
4 years ago
5

Develop a worksheet that can be used to simulate the bids made by the two competitors. Strassel is considering a bid of $120000

for the property. Using a simulation of 1000 trials, what is the estimate of the probability Strassel will be able to obtain the property using a bid of $120000? Round your answer to 1 decimal place. Enter your answer as a percent.
Business
1 answer:
Klio2033 [76]4 years ago
8 0

Answer:

20%

Explanation:

Simulation is imitation of a situation that represents its operations overtime. Simulation is used for performance tuning. The use of simulation in business is gaining significance. Simulation is used to analyze current situation and predict future. Strassel is using 1000 trials for a bid of $120,000. The estimated probability that Strassel will get the property at a bid of $120,000 is 20%.

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It costs Vaughn Company $26 per unit ($18 variable and $8 fixed) to produce its product, which normally sells for $38 per unit.
11Alexandr11 [23.1K]

Answer:

Effect on income= $4,800 increase

Explanation:

Giving the following information:

Unitary variable cost= $18

A foreign wholesaler offers to purchase 4800 units at $21 each. Vaughn would incur special shipping costs of $2 per unit if the order were accepted.

Because it is a special order and there is unused capacity, we will not take into account the fixed costs.

Effect on income= 4,800*21 - 4,800*(18 + 2)= $4,800 increase

3 0
3 years ago
Demarco and Tanya have received information about three separate mortgage offers. In two or three paragraphs, describe your reco
Alex787 [66]

Answer: first one

As for Mortgage Option 3, not only is the interest rate higher (4.0%), but the remaining balance that is not paid has to be paid off completely in 8 years. After the down payment, they would have a $1,605 monthly payment which includes the fixed interest rate of 4.25% as well. Due to the short payment time, a borrower has a risk of loosing their home and equity if the final payment is not able to be made. Mortgage Option 2 has the lowest interest rate (3.5%) but these rates could be adjusted annually. Even though the interest rate is the highest, they would be able to afford it. Not only are they able to make these payments, Tanya and Demarco would also have. approximately $3,395 left to spend from their monthly earnings too.

Explanation:

credit to mohammedalm2

5 0
3 years ago
Explain how businesses can shift demand to meet supply or capacity, and provide an example of this for a service-based business.
Vikki [24]

Answer: Buisness can shift demand by offering other sales on a new prouduct and shift derection towords there.

Explanation:

and a example of this would be the new jordans they replace or put other iteams on slae to get rod of it to get more invontory.

7 0
4 years ago
Baker Industries’ net income is $24,000, its interest expense is $5,000, and its tax rate is 25%. Its notes payable equals $24,0
Lostsunrise [7]

Answer:

ROE = 9.23%

ROIC = 7.62%

Explanation:

Data:

Net Income NI = $24,000

Interest Expense IE = $5,000

Tax Rate T = 25% = 0.25

Notes Payable NP = $24,000

Long-term debt LTD = $80,000

Common Equity CE = $260,000

Return On Equity ROE = ?

Retrun On Invested Capital ROIC = ?

Earnings Before Taxes EBT = ?

Invested Capital IC = ?

Earnings Before Taxes and Interest EBIT = ?

Calculations:

ROE = \frac{NI}{CE}= \frac{24,000}{260,000}=0.0923 = 9.23%

EBT = \frac{NI}{1-T} = \frac{24,000}{1-0.25} = \frac{24,000}{0.75} = 32,000

EBIT = EBT+IE=32,000 + 5,000=37,000

IC =NP+LTD+CE=24,000+80,000+260,000=364,000

ROIC = \frac{EBIT*(1-T)}{IC} = \frac{37,000*(1-0.25)}{364,000}= \frac{37,000*(0.75)}{364,000}= \frac{27,750}{364,000}= 0.0762=7.62%

Hope this helps!

4 0
3 years ago
Jaleel's work group meets face-to-face and generates numerous alternatives to a product issue, many of them radical and a few ou
Paladinen [302]

Answer:

brainstorming as a part of it’s decision making process

8 0
3 years ago
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