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RET Inc. currently has one product, low-priced stoves. RET Inc. has decided to sell a new line of...
REX Inc. currently has one product, low-priced stoves. REX Inc. has decided to sell a new line of medium-priced stoves. Sales revenues for the new line of stoves are estimated at $60 million a year. Variable costs are 90% of sales. The project is expected to last 10 years. Also, non-variable costs are 2,500,000 per year. The company has spent $1,000,000 in research and a marketing study that determined the company will lose (cannibalization) $2.8 million in sales a year...
RET Inc. has decided to manufacture and sell a new line of high-priced commercial stoves. Projected saes for the new line of stoves in annual units for the next 10 years are 10,000 a year. The sales price is $3,000 per stove, the variable costs are 2250 per stove, and fixed costs are $4,000,000 annually. The plant and equipment required for producing the new line of stoves costs 10,000,000 (today) and will be depreciated down to zero over 10 years...
Use the following information to answer the 8 questions (filling in the blanks) that follow it. When answering the questions, DO NOT use dollar signs, USE commas to separate thousands, DO NOT use parenthesis to denote negative numbers, USE the negative sign and place it in front of first digit of your answer when your answer is a negative number. Round to the nearest dollar (do not enter decimals). For example, if your answer is -$1,245,300.40 then enter -1,245,300 RET...
AAA Corp. currently has one product, high-priced lawn mowers. AAA Corp. has decided to sell a new line of medium-priced lawn mowers. The building and machinery for producing this new line is estimated to cost $10 comma 000 comma 000 and it will be depreciated down to zero over 20 years using straight-line depreciation. Also, an investment today on working capital in the amount of $2 comma 000 comma 000 is needed. The working capital will be recovered at the...
AAA Corp. currently has one product, high-priced lawn mowers. AAA Corp. has decided to sell a new line of medium-priced lawn mowers. The building and machinery for producing this new line is estimated to cost $11,000,000 and it will be depreciated down to zero over 20 years using straight-line depreciation. Also, an investment today on working capital in the amount of $4,000,000 is needed. The working capital will be recovered at the end of the project. Sales for the new...
McGilla Golf has decided to sell a new line of golf clubs. The clubs will sell for $845 per set and have a variable cost of $405 per set. The company has spent $150,000 for a marketing study that determined the company will sell 60,000 sets per year for seven years. The marketing study also determined that the company will lose sales of 10,000 sets of its high-priced clubs. The high-priced clubs sell at $1,175 and have variable costs of...
Project Analysis McGilla Golf has decided to sell a new line of golf clubs. The clubs will sell for $950 per set and have a variable cost of $415 per set. The company has spent $150,000 for a marketing study that determined the company will sell 50,000 sets per year for seven years. The marketing study also determined that the company will lose sales of 9,000 sets of its high-priced clubs. The high-priced clubs sell at $1,450 and have variable...
McGilla Golf has decided to sell a new line of golf clubs. The clubs will sell for $765 per set and have a variable cost of $414 per set. The company has spent $15016 for a marketing study that determined the company will sell 5259 sets per year for seven years. The marketing study also determined that the company will lose sales of 933 sets of its high-priced clubs. The high-priced clubs sell at $1154 and have variable costs of...
Project Analysis McGilla Golf has decided to sell a new line of golf clubs. The clubs will sell for $950 per set and have a variable cost of $415 per set. The company has spent $150,000 for a marketing study that determined the company will sell 50,000 sets per year for seven years. The marketing study also determined that the company will lose sales of 9,000 sets of its high-priced clubs. The high-priced clubs sell at $1,450 and have variable...
McGilla Golf has decided to sell a new line of golf clubs. The clubs will sell for $800 per set and have a variable cost of $400 per set. The company has spent $150,000 for a marketing study that determined the company will sell 54,000 sets per year for seven years. The marketing study also determined that the company will lose sales of 9,500 sets of its high-priced clubs. The high-priced clubs sell at $1,100 and have variable costs of...