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Reptile [31]
3 years ago
7

Shoemacher has $20,000 to invest in two types of mutual funds: a High-Yield Fund and an Equity Fund. The High-Yield fund has an

annual yield of 12%, while the Equity fund earns 8%. He would like to invest at least $3000 in the High-Yield fund and at least $4000 in the Equity fund. How much should he invest in each to maximize his annual yield, and what is the maximum yield?
Business
1 answer:
Solnce55 [7]3 years ago
7 0

Answer:

you have to maximize the following equation: 0.12A + 0.08B

Where A is the amount of money invested in the high yield fund

Where B is the amount of money invested in the equity fund

A + B = 20,000

A ≥ 3,000

B ≥ 4,000

Using Solver, the optimal solution is to invest $16,000 in A and $4,000 in B. Maximum annual yield = $2,240

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Alli segments its diet pills based on those who have morning cravings, those who tend to overeat near the end of the day, those
lara31 [8.8K]

Answer:

The answer is: Behavior variable

Explanation:

Behavior variable in market segmentation refers to the process of segmenting the market based on consumer buying behavior. Consumer buying behavior consists of consumer usage frequency, consumer habits, benefits sought or expected, user status, brand loyalty, etc.  

6 0
4 years ago
The following information was available for the year ended December 31, 2019: Net sales $ 894,250 Cost of goods sold 616,850 Ave
iogann1982 [59]

Answer:

Explanation:

Net sales - $894,250

Cost of Goods - $ 616850

Average account receivable - $40,650

Account receivable at year end - $28200

Average inventory - $182000

Inventory at year end - $158,000

Inventory turn over

Cost of Goods sold / Average inventory for the period

616850/182000= 3.40 times

No of days sales in inventory = Ending inventory / Cost of Goods sold *365

158000/616850*365 = 93.5 days

Account receivable turnover = net credit sale / average receivable

894250/40650=21.9

No of days sales in account receivable -

Receivable at year end/total credit sales*365

28200/894250*365= 11.5 days

7 0
3 years ago
What are the basic safety guidelines for using hand tools
Goryan [66]
ALWAYS WEAR EYE PROTECTION.
Wear the RIGHT SAFETY EQUIPMENT for the job.
Use tools that are the RIGHT SIZE & RIGHT TYPE for your job.
Follow the correct procedure for using EVERY tool.
Keep your cutting tools SHARP and in good condition.
DON'T work with OILY or GREASY hands.
7 0
3 years ago
Probett’s Garage uses 120 boxes of cleaning cloths a year. The boxes cost $6 each. Ordering cost is $3 and holding cost is 10 pe
faust18 [17]

Answer: $730.2

Explanation:

Let the total cost of cleaning clothes = X

Other variables include:

Total cost of boxes = $6×120

=$720

Ordering cost =$3

Holding costs = (10/100 ×6)12

=$7.2

Total costs of cleaning clothes =

The cost of boxes+ordering cost+holding cost

=720+3+7.2 = $730.2

3 0
4 years ago
Find the amount of the payment to be made into a sinking fund so that enough will be present to accumulate the following amount.
TEA [102]

Answer:

PV= $81,947.83

Explanation:

Giving the following information:

Future value= $95,000

Interest rate= 0.03

Number of periods= 5

To calculate the initial investment required to reach the objective, we need to use the following formula:

PV= FV/(1+i)^n

PV= 95,000/(1.03^5)

PV= $81,947.83

6 0
3 years ago
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