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HW 5 Quadratic Functions and Optimization in Quadratic Models: Problem 14 (3 points) Results for this submission Entered Answer Preview 24.14 24.14 Result incorrect incorrect At least one of the answers above is NOT correct. 1 of the questions remains unanswered. An average of 20,000 people visit Riverside Park each day in the summer. The park charges $18.00 for admission. Consultants predict that for each $1.00 increase in the entrance price, the park would lose an average of 3, 500 customers per day. (a) Express the daily revenue from ticket sales, R as a function of the number of $1.00 price increases, . R = f(x)= (b) What ticket price maximizes the revenue from ticket sales? $ (round to nearest cent) Note: You can earn partial credit on this problem. Preview My Answers Submit Answers Your score was recorded. You have attempted this problem 8 times. You received a score of 0% for this attempt. Your overall recorded score is 0%. You have unlimited attempts remaining. k Page generated…

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4G+ 12:16 PM O 0.1KB/s O 68 00:43:39 Remaining Multiple Choice Which of the following statements is false regarding RESEARCH and DEVELOPMENT (R&D) COSTS? RESEARCH activities are undertaken to discover new knowledge that will be useful in developing new product or in significantly improving an existing product. O DEVELOPMENT activities involve the application of research findings to develop a new product prior to the start of commercial production. No intangible asset arising from research shall be recognized; expenditure on research shall be recognized as an expense when it is incurred. If an entity cannot distinguish the research phase from the development phase, the entity treats the R&D expenditure as if it were incurred in the development phase only 11 of 25 レ

to.mheducation.com/ext/map/index.html?_con=con&external_browser=0&launchUrl=https%253A%252F%252Flms.mh- 09 Problem Set 9:00 ed k nces Question 11 - Chapter 09 Probler X The Michner Corporation is trying to choose between the following two mutually exclusive design projects: Year Cash Flow (1) Cash Flow (II) -$ -$ 0 1 2 3 28,300 Project I Project II 60,000 28,300 28,300 a-1. If the required return is 11 percent, what is the profitability index for both projects? (Do not round intermediate calculations and round your answers to 3 places, e.g., 32.161.) imal 18,400 9,900 9,900 9,900 O Project I Saved a- If the company applies the profitability index decision rule, which project should the 2. firm accept? H d

9-10 The option to postpone a project is valuable as long as Select one: a. managers engage in contingency planning and capital rationing. b. there are other positive NPV projects. c. there are no other positive NPV projects. d. there are possible future scenarios under which the project will yield a positive NPV. e. tax credits are available for the project.

Help question 21

Help question 21

QUESTION 5 The net present value of a project tells management what decision to make on that investment. If the net present value is negative, management should: O accept the project because the cost is less than the revenue, thereby adding value to the firm. O reject the project because the present value of future cash-flows is greater than the cost of the project. O reject the project because accepting would reduce the value of the firm. accept or reject depending on the project's payback period. 3 QUESTIONE Click Save and Submit to save and submit. Click Save All Answers to save all answers. E $ 4 Q Search or enter website name R % 5 MacBook Pro T 6 Y & 7 с * 00 8 Save. O

Q4/ The table below shows the duration and direct costs for the activities of a construction project. It is required to calculate the duration of the project that achieves the lowest possible total cost using the technique of crashing if the indirect costs are 20% from direct cost. Crash Time Crash Cost Normal Time (NT) weeks Normal Cost Activity (NC) $ (CT) weeks (CC) $ A 6. 1000 3 7000 B 4 9000 10000 C 3 6000 1 10000 D 4 8000 2 11000 E 6 1000 4 13000 5 А D End Start 7 6. B E

PR 17-11 (LO 17-3) There are several approaches to quantifying expected project benefits. Which of the following uses simulation, external benchmarks, real option theory, or expert opinion to help with the quantification? There are several approaches to quantifying expected project benefits. Required: Which of the following uses simulation, external benchmarks, real option theory, or expert opinion to help with the quantification? Project Benefit 1. Software that allows you to consider the impact under a variety of assumptions 2. Compare and contrast the results with projects of competitors or similar firms 3. Sophisticated financial analysis comparing the probability of achieving expected benefits 4. Consulting with a seasoned consultant to establish a likely benefit Term Expert Opinion External Benchmarks Real Option Theory Simulation