Please explain two characteristics of the maximum of minimum profits criterion (Maximin method)
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- What implications are there for ensuring that each of the several sponsoring companies gets an optimum return?List the four functions of management. Explain what type of cost management information isappropriate for each.Perform cost-benefit analysis and describewhat is meant by the time value of money,present value, discount rate, net present value,return on investment, and break-even analysis.
- What would the SC value be?1a. Please explain the following terms with examples. Pareto optimality Third-degree price discrimination Principal-agent problemchapter 3 2. Given this information, what is the profit dollars? Round your answer to the dollar and add a dollar sign and comma separator (i.e. $15,467) Net Sales $561,800 Cost of Goods Sold 275,280 Expenses 253,936
- In 2015, Keenan Company paid dividends totaling $3,600,000 on net income of $10.8 million. Note that 2015 was a normal year and that for thepast 10 years, earnings have grown at a constant rate of 10%. However, in 2016, earnings are expected to jump to $14.4 million and the firm expects to have profitable investment opportunities of $8.4 million. It is predicted that Keenan will not be able to maintain the 2016 level of earnings growth because the high 2016 earnings level is attributable to an exceptionallyprofitable new product line introduced that year. After 2016, the company will return to its previous 10% growth rate. Keenan’s target capital structure is 40% debt and 60% equity.a. Calculate Keenan’s total dividends for 2016 assuming that it follows each of the following policies:1. Its 2016 dividend payment is set to force dividends to grow at the long-run growth rate in earnings.2. It continues the 2015 dividend payout ratio. 3. It uses a pure residual dividend policy (40% of the…Why might the term average cost be misleading?Give an example business and explain how you will apply methods/ approach below for the success of the business. - income-based valuation
- choose the best alternatibe based on benefit/cost method Alternatives User cost Operating cost Capital 350 150 2 1 250 180 2 300 185 11 3 225 145 18 4 210 120 36Mavis and John have joined forces to start M&J Food Products, a processor of packaged shredded lettuce for institutional use. John has years of food processing experience, and Mavis has extensive commercial food preparation experience. The process will consist of opening crates of lettuce and then sorting, washing, slicing, preserving, and finally packaging the prepared lettuce. Together, with help from vendors, they think they can adequately estimate demand, fixed costs, revenues, and variable cost per 5-pound bag of lettuce. They think a largely manual process will have monthly fixed cost of $50,000and a variable cost of $2.50 per bag. They expect to sell 75,000 bags of lettuce per month. They expect to sell the shredded lettuce for $3.25 per 5-pound bag. John and Mavis has been contacted by a vendor to consider a more mechanized process. This new process will have monthly fixed cost of $125,000 per month with a variable cost of $1.75 per bag. Based on the above scenario: Should…Explain the concept of Liquidation Strategy?