Assume you own a pizza shop close to the campus at Monroe College. You have owned and operated your pizzeria for more than 10 years. During that time, your annual operating costs have increased from $28,000 per year to $91,000 per year. At the same time, revenues have increased from $250,000 per year to $350,000 based mainly on increasing the price of a slice of pizza from 75 cents to $2.00 per slice. As the college community has grown, so has your competition. Two new pizzerias have opened in a 3 block radius and the college cafeteria now sells a subsidized pizza and soda lunch special for $2.50. Although revenues have increased, your profits are now only 10% of revenues vs 30% you enjoyed in your 1st three years. You are preparing your operating budget for next year and realize that the profit margin will decline even more over the next 2 years to the point where you could lose money in the third year. Should you close in the short term or try to find new ways of operating?
Answers: 2
Business, 21.06.2019 22:10, jaxonsensintaff
Arival company manufactures fuel tanks for cars using a different production technique. the total weekly cost (in dollars) of producing x tanks is given by c(x) = 10000 +90x - 0.04x2 find the marginal cost at a production level of 500 fuel tanks per week to approximate the cost of the 501st unit (round to the nearest 2 decimal places, if needed)
Answers: 3
Business, 22.06.2019 08:30, justalikri
Most angel investors expect a return on investment of question options: 20% to 25% over 5 years. 15% to 20% over 5 years. 75% over 10 years. 100% over 5 years.
Answers: 1
Business, 22.06.2019 19:50, kipper5760
Bulldog holdings is a u. s.-based consumer electronics company. it owns smaller firms in japan and taiwan where most of its cell phone technology is developed and manufactured before being released worldwide. which of the following alternatives to integration does this best illustrate? a. venture capitalism b. franchising c. joint venture d. parent-subsidiary relationship
Answers: 2
Assume you own a pizza shop close to the campus at Monroe College. You have owned and operated your...
Computers and Technology, 30.08.2019 19:30
Computers and Technology, 30.08.2019 19:30