The University of Cincinnati Center for Business Analytics is an outreach center that collaborates with industry partners on applied research and continuing education inbusiness analytics. One of the programs offered by the center is a quarterly Business Intelligence Symposium. Each symposium features three speakers on the real-worlduse of analytics. Each corporate member of the center (there are currently 10) receives five free seats to each symposium. Nonmembers wishing to attend must pay $75per person. Each attendee receives breakfast, lunch, and free parking. The following are the costs incurred for putting on this event:Rental cost for the auditoriumRegistration processingSpeaker costsContinental breakfastLunchParking$150$8.50 per person3@$800 = $2,400$4.00 per person$7.00 per person$5.00 per person(a) Build a spreadsheet model that calculates a profit or loss for 100 nonmember registrants. If required, round your answer to two decimal places.$(b) Use Goal Seek to find the number of nonmember registrants that will make the event break even. Do not round your intermediate calculations. If required, round youranswer to the nearest whole number.nonmember registrants

Answered: (a) Build a spreadsheet model that…

Practical Management Science

6th Edition

ISBN:9781337406659

Author:WINSTON, Wayne L.

Publisher:WINSTON, Wayne L.

Chapter2: Introduction To Spreadsheet Modeling

Section: Chapter Questions

Problem 20P: Julie James is opening a lemonade stand. She believes the fixed cost per week of running the stand...

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Note: Enter your answer in dollars, not in millions. Round your answer to the nearest whole dollar amount. I put the 1,220,000 and it said that it was wrong
A power producing company wants to purchase a natural gas futures contract. It will use the natural gas to generate electricity. The company's position in natural gas is futures position should be underlying __, so its a) long, short; b) long, long; c) short, long; d) short, short
True or false? Select one or more: а. Wealth can be measured as a flow over time. O b. Disposable income measures income after direct taxes, so any consumption out of disposable income is unaffected by taxation. Your net worth is equal to your assets (both real and financial) minus O c. your labilities. O d. An example of gross income in the "bathtub" diagram is a landlord's rental income on a property.
Note:- Do not provide handwritten solution. Maintain accuracy and quality in your answer. Take care of plagiarism. Answer completely. You will get up vote for sure.
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True or False: If our explanatory variables do not vary, our model will produce no estimates
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I need typing clear urjent no chatgpt use i will give 5 upvotes
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Assume “Jane” saves $10,000 per year for 10 years starting at age 25. At age 35 she no longer is able to save but leaves her accumulated savings invested until age 65 when she retires. Assume “John” does not begin saving until age 35, but then saves $10,000 per year until age 65 when he also retires. Assume John and Jane invest their entire wealth in the same mutual fund. Who accumulates a larger retirement nest egg? 1. Answer this question by building an Excel spreadsheet that allows you to show the difference in wealth at age 65 assuming an annual rate of return of 8%. Make sure your model allows you to change the assumed rate of return and automatically recalculate the difference in wealth at age 65. 2. At what assumed rate of return are John and Jane’s wealth at age 65 equal? Use “Goal Seek” in order to find this rate of return. 3. Create a graph to clearly show how final wealth for John and Jane depends on the rate of return. Start at 0% and increase the rate of return in…
[S1] On a CVP graph for a profitable company, the total expense line will be steeper than the total revenue line. [S2] The break-even point is the point where total contribution margin equals total fixed expenses. Only S1 is true. Only S2 is true. Both statements are true. Both statements are false.
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