Question
In: Math
After discontinuing all advertising for a tool kit in 2007, the manufacturer noted that sales began...
After discontinuing all advertising for a tool kit in 2007, the manufacturer noted that sales began to drop according to the model
S =
600,000/1+0.3e^kt
t = 7 where S represents the number of units
sold and
represents 2007. In 2009, 400,000 units were sold.
(a) Complete the model by solving for k. (Round your
answer to three decimal places.)
k =
(b) Estimate sales in 2016. (Round your answer to the nearest whole
number.)
S = units sold
Solutions
milcah answered 3 years agoRelated Solutions
Wilcox Mills is a manufacturer that makes all sales on 30-day credit terms. Annual sales are...
Wilcox Mills is a manufacturer that makes all sales on 30-day
credit terms. Annual sales are approximately $30 million. At the
end of year 1, accounts receivable were presented in the company's
balance sheet as follows.
Accounts receivable from clients
$
3,100,000
Less: Allowance for doubtful accounts
80,000
During year 2, $195,000 of specific accounts receivable were
written off as uncollectible. Of these accounts written off,
receivables totaling $19,000 were subsequently collected. At the
end of year 2, an aging...
Wilcox Mills is a manufacturer that makes all sales on 30-day credit terms. Annual sales are...
Wilcox Mills is a manufacturer that makes all sales on 30-day
credit terms. Annual sales are approximately $30 million. At the
end of 2012, accounts receivable were presented in the company's
statement of financial position as follows:
Accounts receivable from clients
$
3,100,000
Less: Allowance for Impairment
80,000
During 2013, $195,000 of specific accounts receivable were
written off as uncollectible. Of these accounts written off,
receivables totaling $16,000 were subsequently collected. At the
end of 2013, an aging of accounts...
Marketing Assignment Find a brand that is utilizing all five promotion tools (Advertising, Sales Promotion, Personal...
Marketing Assignment
Find a brand that is utilizing all five promotion tools
(Advertising, Sales Promotion, Personal Selling, Public Relations,
Direct and Digital Marketing) and describe how they are using each.
You must cite SPECIFIC EXAMPLES. Please don't
write that they are using digital marketing like social media or
that they have advertisements on TV. Please point to specific
executions.
All sales are on account (credit) with 50% collected in the month of sale, 30% collected in the following month after sale, and 20% collected in the second month after sale.
Black Horse Transportation's sales budget for the first quarter follows:
January February March $125,000 300,000 290,000
All sales are on account (credit) with 50% collected in the month of sale, 30% collected in the following month after sale, and 20% collected in the second month after sale. There are no uncollectable accounts.
The March cash receipts are: Select one:
A. $250,500 B. $172,500 C. $102,500 D. $260,000
ADVERTISEMENT
ADVERTISEMENT
Latest Questions
- Baked potatoes are normally wrapped in aluminum foil. How does this affect the cooling of the...
- What is the process to obtain biomass production
- A labor market has 50,000 people in the labor force. Each month, a fraction p of...
- A road with a radius of 72 m is banked so that a car can navigate...
- 1) If you had not dried the solid, would the calculated percent yield have been higher,...
- Two structures of alanine can be drawn that have a net charge of zero, but the...
- Co(II) was used as an internal standard to analyze a sample of Ti(IV) with atomic absorption...
ADVERTISEMENT