Business
Business, 24.01.2020 23:31, tlily2480

Suppose you have just inherited $6,000 and you want to invest it. upon hearing this news, two different friends have offered you an opportunity to become a partner in two different entrepreneurial ventures, one planned by each friend. in both cases, this investment would involve expending some of your time next summer as well as putting up cash. becoming a full partner in the first friend's venture would require an investment of $5,000 and 400 hours, and your estimated profit (ignoring the value of your time) would be $4,500. the corresponding figures for the second friend's venture are $4,000 and 500 hours, with an estimated profit to you of $5,000. however, both friends are flexible and would allow you to come in at any fraction of a full partnership you would like; your share of the profit would be proportional to this fraction.

because you were looking for an interesting summer job anyway (maximum of 600 hours), you have decided to participate in one or both friends ventures in which combination would maximize your total estimated profit. you now need to solve the problem of finding the best combination.

answer
Answers: 1

Other questions on the subject: Business

image
Business, 21.06.2019 15:30, Jessicadiaz8602
Which of the following statements accurately describes how costs and benefits are calculated?
Answers: 3
image
Business, 22.06.2019 20:20, laidbackkiddo412
Tl & co. is following a related-linked diversification strategy, and soar inc. is following a related-constrained diversification strategy. how do the two firms differ from each other? a. soar inc. generates 70 percent of its revenues from its primary business, while tl & co. generates only 10 percent of its revenues from its primary business. b. soar inc. pursues a backward diversification strategy, while tl & co. pursues a forward diversification strategy. c. tl & co. will share fewer common competencies and resources between its various businesses when compared to soar inc. d. tl & co. pursues a differentiation strategy, and soar inc. pursues a cost-leadership strategy, to gain a competitive advantage.
Answers: 3
image
Business, 22.06.2019 23:30, SmolBeanPotato
Shelby bought her dream car, a 1966 red convertible mustang, with a loan from her credit union. if shelby paid 5.1% and the bank earned a real rate of return of 3.5%, what was the inflation rate over the life of the loan?
Answers: 2
image
Business, 23.06.2019 06:30, jwoodsk7598
Transferable skills necessary for successful employment include a. basic skills b. thinking skills c. personal qualities d. all of the above select the best answer from the choices provided
Answers: 1
Do you know the correct answer?
Suppose you have just inherited $6,000 and you want to invest it. upon hearing this news, two differ...

Questions in other subjects: