The Dodd Corporation, has 100,000 shares of common stock owned by its founder. Dodd owes $1,300,000 to its bank. Dodd has 11,400 customers. If the average ratio of total entity value to customers is $500 for a group of comparable public companies, what is its estimated stock value on a per share basis?

Until recently, hamburgers at the city sports arena cost $4.70 each. the food concessionaire sold an average of 13 comma 000 hamburgers on game night. when the price was raised to $5.40, hamburger sales dropped off to an average of 6 comma 000 per night. (a) assuming a linear demand curve, find the price of a hamburger that will maximize the nightly hamburger revenue. (b) if the concessionaire had fixed costs of $1 comma 500 per night and the variable cost is $0.60 per hamburger, find the price of a hamburger that will maximize the nightly hamburger profit.