Formulate a system of equations for the situation below and solve.A private investment club has $400,000 earmarked for investment in stocks. To arrive at an acceptable overall level of risk, the stocks that management is considering have been classifiedinto three categories: high-risk, medium-risk, and low-risk. Management estimates that high-risk stocks will have a rate of return of 15%/year; medium-risk stocks, 10%/year; and low-riskstocks, 7%/year. The members have decided that the investment in low-risk stocks should be equal to the sum of the investments in the stocks of the other two categories. Determine howmuch the club should invest in each type of stock if the investment goal is to have a return of $40,000/year on the total investment. (Assume that all the money available for investment isinvested.)high-risk stocksmedium-risk stockslow-risk stocksSA$

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Answered: Formulate a system of equations for the…

Advanced Engineering Mathematics

10th Edition

ISBN:9780470458365

Author:Erwin Kreyszig

Publisher:Erwin Kreyszig

Chapter2: Second-order Linear Odes

Section: Chapter Questions

Problem 1RQ

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1.You are choosing between two texting plans. Plan A has a monthly fee of $15 with a charge of $0.08 per text. Plan B has a monthly fee of $3 with a charge of $0.12 per text. How many text messages in a month make plan A the better deal. 2. You invested $8000 in two funds paying 2% and 5% investment exceeded the interest from the 5% investment exceeded the interest from the 2% investment by $85. How much money was invested at the rate 2%?
answer D & E ONLY
Analyze and compare Foot Locker and The Finish Line The Foot Locker, Inc. (FL) and The Finish Line, Inc. (FINL) are two retail athletic footwear chains. The current assets and current liabilities from recent balance sheets for both companies are as follows (in millions): Foot Locker The Finish Line Year 2 Year 1 Year 2 Year 1 Current assets $2,606 $2,456 $521 $531 Current liabilities 700 696 221 191 a. Compute the working capital for Year 2 and Year 1 for each company. Foot Locker The Finish Line Year 2 $fill in the blank 1 $fill in the blank 2 Year 1 $fill in the blank 3 $fill in the blank 4 b. Compute the current ratio for Year 2 and Year 1 for each company. Round to one decimal place. Foot Locker The Finish Line Year 2 fill in the blank 5 fill in the blank 6 Year 1 fill in the blank 7 fill in the blank 8
1. Redback Industries is a relatively small but successful and fast-growing maker of peripheral devices for cell phones including battery chargers, enhanced antennas, SIM cards, and custom carrying cases. Costco is considering purchasing Redback in order to sell the devices as private label offerings. However, Costco has set an offer price of $ 600M that depends on whether Redback’s current Annual Net Income is higher and significantly different from its 14-year average of $ 104.5M per year; Redback has indicated it is willing to sell itself to Costco at the $600M price. Use the following information to determine at the 95 % Level Of Confidence whether Costco will proceed with the purchase at the planned price of $ 600M or will lower its offering price if Redback’s current Annual Net Income is not greater than $ 104.5M per year. Redback Industries Normalized Yearly Annual Net Income over the last 14 years is $ 104.5M Redback Industries is currently reporting Yearly Annual Net…
Southland Corporation's decision to produce a new line of recreational products has resulted in the need to choose one of two automated manufacturing systems based on proposals from two vendors, A and B. The economics of this decision depends on the market reaction to the new product line. The possible long-run demand has been defined as low, medium, or high. Based on detailed financial analyses of system costs as a function of volume and sales under each demand scenario, the following payoff table gives the projected profits in millions of dollars. million. Decision Vendor A Vendor B million. Low $70 $160 Long-Run Demand Medium $150 $150 a. Determine the best decisions using the maximax, maximin, and opportunity loss decision criteria. Using the maximax criterion, choose -Select- Using the maximin criterion, choose -Select- To minimize the maximum opportunity loss, choose -Select- b. Assume that the best estimate of the probability of low long-run demand is 0.15, of medium long-run…
5
In 1993 the average expenditure of the employees on food and other items was as follows : In Cuttack In Bhubaneswar (i) Food 60% (ii) Other items 40% 50% 50% In 1998, the cost of living index was 279 for Cuttack and 265 for Bhubaneswar with 1993 as the base. The rise in price of all the items used by the employeees was known to be the same for both the towns. Determine the 1998 index for (i) food and (ii) other items.
An entrepreneur who owns and operates two businesses (A and B) would like to analyze their profitability. They would like your help in the analysis. They give you the annual net profit (in thousands of $) for each business from 2008-2020. Table 1: Annual Net Profits for Businesses A and B Business Year Profit Business Year Profit 2008 -50 2008 -10 2009 57 2009 30 2010 71 2010 27 2011 64 2011 22 2012 60 2012 21 2013 50 2013 20 A 2014 41 2014 24 2015 59 2015 24 2016 71 2016 32 2017 71 2017 36 2018 74 2018 37 019 81 20 40 2020 97 2020 49 a. Suppose you want to graph the distribution of profits. Explain why using only one stem- plot might not be optimal for the analysis. b. Describe the correct stemplot to use. Generate this stemplot. Explain your steps. What can you say about the distribution from this stemplot? c. When are stemplots useful? And why is that? d. Suppose that instead of having 26 observations you have 200 observations. What graph should you generate? e. What other type of…
3. Aquasystem performed a make/buy analysis to for making a new water filters. The filter sells for $50 that will require equipment that will cost $200,000 and $25,000 annual operating cost comprise the fixed cost. The variable cost is $20 per filter. The equipment has a 5 year life, no salvage value, and the MARR is 6% per year. The decision to make the filter was based on breakeven point and the historical sales level of 500 filter per year. a. Determine the breakeven point b. An engineer investigated that a supplier can make the filter for $30 each. Determine whether Aquasystem should make or buy the filters.

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