1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
vitfil [10]
3 years ago
12

According to the PMQ Pizza Magazine, an estimate of pizza sales in the United States for the top 100 pizza companies was $44.3 b

illion in 2018. Below are the top 5 companies with the number of franchise units and total gross sales in $ millions.
Name Units sales
Domino's 14,490 12252
Pizza Hut 16,336 12034
Little Caesars Pizza 5365 4000
Papa John's International 5071 3695
California Pizza Kitchen 260 840
a. Using the data set, compute the sales per unit. (Enter the answers in $ millions. Round your answers to 3 decimal places.)
b. Construct a frequency distribution based on total sales.
Frequency Sales ($ millions)
O up to 1750
1750 up to 3500
3500 up to 5250
5250 up to 7000
7000 up to 8750
8750 up to 10500
10500 up to 12250
12250 up to 14000
Total
c. Construct a frequency distribution of companies based on per unit sales. (Enter the answers in $ millions.)
Frequency Per unit sales ($ millions)
0.0 up to 0.5
0.5 up to 1
1 up to 1.5
1.5 up to 2
2 up to 2.5
2.5 up to 3
3 up to 3.5
3.5 up to 4
Total
Business
1 answer:
shusha [124]3 years ago
7 0

Answer:

PMQ Pizza Magazine

Estimate of Pizza Sales in the United States for top 100 pizza companies

a. Computation of the sales per franchise unit:

Name of company              Units          Sales      Sales per Franchise unit

Domino's                           14,490       12,252           $0.845

Pizza Hut                           16,336       12,034              0.737

Little Caesars Pizza            5365        4,000              0.746

Papa John's International   5071        3,695              0.729

California Pizza Kitchen       260           840              3.231

b. Frequency distribution based on total sales:

Frequency               Sales ($ millions)

O up to 1750                      840

1750 up to 3500                    0

3500 up to 5250           7,695

5250 up to 7000                  0

7000 up to 8750                  0

8750 up to 10500                0

10500 up to 12250     12,034

12250 up to 14000     12,252

Total sales                 32,821

c. Frequency distribution of companies based on per unit sales:

Frequency Per unit sales ($ millions)

0.0 up to 0.5               0

0.5 up to 1                    4

1 up to 1.5                     0

1.5 up to 2                     0

2 up to 2.5                   0

2.5 up to 3                    0

3 up to 3.5                    1

3.5 up to 4                   0

Total                          5

Explanation:

a) Data and Calculations:

Total estimated sales in 2018 = $44.3 billion

Top 5 Companies Total gross sales in $ millions.

Name of company              Units          Sales      Sales per Franchise unit

Domino's                           14,490       12,252           $0.845 (12,252/14,590)

Pizza Hut                           16,336       12,034              0.737 (12,034/16,336)

Little Caesars Pizza           5,365        4,000              0.746 (4,000/5,365)

Papa John's International  5,071        3,695              0.729 (3,695/5,071)

California Pizza Kitchen       260           840              3.231 (840/260)

b. Frequency distribution based on total sales:

Frequency               Sales ($ millions)

O up to 1750                      840

1750 up to 3500                    0

3500 up to 5250           7,695

5250 up to 7000                  0

7000 up to 8750                  0

8750 up to 10500                0

10500 up to 12250     12,034

12250 up to 14000     12,252

Total sales                 32,821

c. Frequency distribution of companies based on per unit sales:

Frequency Per unit sales ($ millions)

0.0 up to 0.5               0

0.5 up to 1                    4

1 up to 1.5                     0

1.5 up to 2                     0

2 up to 2.5                   0

2.5 up to 3                    0

3 up to 3.5                    1

3.5 up to 4                   0

Total                          5

You might be interested in
A software vendor pitches a new sales force automation software product to your​ company's vp of sales and marketing. before pur
Tanya [424]

Before purchasing the said product, it is only essential for the person to consider the components of the IS which are five before having to buy the product as this will ensure whether the product has passed and could be of benefit towards to people who are going to buy it and if it is function-able.

<span />
7 0
3 years ago
Which method is used to determine a persons net worth?
Fynjy0 [20]

Essentially, your net worth is the value of what you own, minus what you owe. Or, as a formula: assets – liabilities = net worth

8 0
3 years ago
Machines J and K have the following investment and operating costs: Year 0 1 2 3 J 11000 1200 1300 K 13000 1200 1300 1400 Which
Naily [24]

Answer:

Machine K

Explanation:

The values can be better computed as:

 Year     0          1           2         3

J         11000   1200      1`300

K         13000   1200     1300    1400

Using the PV Calculator

The Present Value (PV) for each year in Machine J is as follows:

Cashflow    Year      Present Value

11000           0             11000

1200             1              1085.97

1300             2              1064.68

Total                            13,150.65

The effective annual cost = \dfrac{NPV\times r}{1-(1+r)^{-n}}

=\dfrac{13150.65 \times 0.1050}{1-(1+0.1050)^{-2}}

= $7628.16

Using the PV Calculator

The Present Value (PV) for each year in Machine K is as follows:

Cashflow    Year      Present Value

13000           0             13000

1200             1              1085.97

1300             2             1064.68

1400             3             1037.63

Total                            16,188.28

The effective annual cost = \dfrac{NPV\times r}{1-(1+r)^{-n}}

=\dfrac{16188.28 \times 0.1050}{1-(1+0.1050)^{-3}}

= $6566.92

Therefore, machine K is better to buy than machine J.

6 0
3 years ago
Lin Wai's company, New Home Builders Corp., specializes in designing homes that have wide hallways and walk-in showers that coul
love history [14]

Answer:

strengths

Explanation:

A SWOT analysis includes strengths, weaknesses, opportunities and threats:

  • strengths: analyses what does your company do well and distinguish it from the competition.
  • weaknesses: analyses what are your company's weak spots and what does your competition do better than you.
  • opportunities: new situations that can favor your company.  
  • threats: situations that can negatively affect your company.  
8 0
3 years ago
What is 0 divided by 0?
ANTONII [103]

Answer:

0

Explanation:

0 / 0 = 0

4 0
3 years ago
Read 2 more answers
Other questions:
  • Job Performance = Motivation x Ability x Situational Constraints
    13·1 answer
  • Your company, ImSecure Inc., is a security investigation firm. You have been contacted by Darling Company, a producer of cardsto
    15·1 answer
  • Depreciation is the decrease or loss in value of an item due to age, wear, or market conditions. We usually consider depreciatio
    5·1 answer
  • A preparation outline is used to help organize the speaker's thoughts, ideas, and information. What is the purpose of a presenta
    7·1 answer
  • The fixed portion of the cost of electricity for a manufacturing facility is classified as a: Period cost Product Cost A) Yes Ye
    10·1 answer
  • Larcker Manufacturing's cost accountant has provided you with the following information for January operations: Direct materials
    12·1 answer
  • Mobray Corp. is experiencing rapid growth. Dividends are expected to grow at 32 percent per year during the next three years, 22
    9·1 answer
  • How much does it cost to ship furniture to the philippines answers?
    14·1 answer
  • Jelco has a target debt-to-value ratio of .55. The pretax cost of debt is 8.6 percent, the assumed tax rate is 24 percent, and t
    7·1 answer
  • Item7
    6·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!