Business, 28.05.2020 06:57 jarrettashlyn

Consider a household consisting of four college friends. The friends have made a commitment to live together for the next five years. Presently they live in Milwaukee where Abby will earn $200,000, Bonnie will earn $120,000, Cathy will earn $315,000, and Donna will earn $150,000 over the next five years. They have the option of moving to Miami. Moving to Miami would impose a one-time moving cost of $5,000 on each person. If they move to Miami, however, Abby will earn $180,000, Bonnie will earn $150,000, Cathy will earn $300,000, and Donna will earn $100,000 over the next five years. Moreover, each friend prefers to live in Miami over Milwaukee. In particular, Abby and Bonnie both value the quality of life in Miami versus Milwaukee over the next five years at $40,000 while Cathy and Donna place the value at $25,000 each. Should the household move to Miami or stay in Milwaukee? Is anyone a tiedmover or a tied stayer?

Answers: 3

Show answers

Another question on Business

Business, 21.06.2019 19:00

Danielle enjoy working as in certified public accountant (cpa) and assisting small business and individuals with managing their financial and taxes . which general area of accounting is her specialty ?

Answers: 1

Answer

Business, 22.06.2019 10:30

Marketing1. suppose the average price for a new disposable cell phone is $20, and the total market potential for that product is $4 million. topco, inc. has a planned market share of 10 percent. how many phones does topco have the potential to sell in this market? 20,0002. use the data from question 3 to calculate topco, inc.'s planned market share in dollars. $400,0003. atlantic car rental charges $29.95 per day to rent a mid-size automobile. pacific car rental, atlantic's main competitor, just reduced prices on all its car rentals. in response, atlantic reduced its prices by 5 percent. now how much does it cost to rent a mid-size automobile from atlantic? $28.45

Answers: 1

Answer

Business, 22.06.2019 18:00

Carlton industries is considering a new project that they plan to price at $74.00 per unit. the variable costs are estimated at $39.22 per unit and total fixed costs are estimated at $12,085. the initial investment required is $8,000 and the project has an estimated life of 4 years. the firm requires a return of 8 percent. ignore the effect of taxes. what is the degree of operating leverage at the financial break-even level of output?

Answers: 3

Answer

Business, 22.06.2019 19:10

Ancho corp. is an automobile company whose core competency lies in manufacturing petrol- and diesel- based cars. the company realizes that more of its potential customers are switching to electric cars. the r& d department of the company acquires competencies in developing electric cars and launches its first hybrid car, which uses both gas and electricity. in this scenario, ancho is primarilya. leveraging new core competencies to improve current market position. b. redeploying existing core competencies to compete in future markets. c. unlearning existing core competencies to create and compete in markets of the future. d. building new core competencies to protect and extend current market position

Answers: 3

Answer

You know the right answer?

Consider a household consisting of four college friends. The friends have made a commitment to live...

Questions