Calculate the daily sales during the discount sales period

Assignment Help Financial Management
Reference no: EM13722796

Fiberia Accessories, a clothing retailer, is planning to introduce a new line of sweaters as part of the winter collection for $65 with an inventory of 1500. The main selling season is 60 days between November and December. The store then sells the remaining units in a clearance sale at 65 percent discount. Out of the 60 main retail days, Fiberia sells the sweaters at full retail price for only 45 days, while giving a discount of 25 percent for the remaining 15 days. The demand functions a, andb are given as 79.5 and 1.1 respectively.

Calculate the daily sales during the discount sales period.

Reference no: EM13722796

Questions Cloud

Current bonds have an annual coupon rate : Porter bonds were issued five years ago with a 20 year maturity. The bond has a call provision that allows them to pay off the debt anytime after ten years by compensating bond holders with an extra year’s interest at the coupon rate. The bond’s coup..
What is the value of the bond today : A corporate bond’s annual interest is 5%, paid semi-annually and it matures in 12 years. If other bonds of similar risk return 4% annually, what is the value of the bond today?
What would be the additional funds needed : Broussard Skateboard's sales are expected to increase by 25% from $7.2 million in 2013 to $9.00 million in 2014. Its assets totalled $6 million at the end of 2013. Broussard is already at full capacity, so its assets must grow at the same rate as pro..
What is the expected return on the mutual fund : Consider the following capital market: a risk-free asset yielding 0.75% per year and a mutual fund consisting of 70% stocks and 30% bonds. The expected return on stocks is 10.75% per year and the expected return on bonds is 3.25% per year.
Calculate the daily sales during the discount sales period : Fiberia Accessories, a clothing retailer, is planning to introduce a new line of sweaters as part of the winter collection for $65 with an inventory of 1500. The main selling season is 60 days between November and December.
What is the intrinsic value of portmans stock : Portman industries just paid a dividend of $2.40 per share. The company expects the coming year to be very profitable, and its dividend is expected to grow by 12.00% over the next year. After teh next year, though, Portman's dividend is expected to g..
What is the value of mildreds tavern corps stock : Mildred's Tavern Corp pays an annual dividend rate of 11.80% on its preferred stock that currently returns 15.81% and has a par value of $100.00. What is the value of Mildred's Tavern Corp's stock?
What is value of common equity and intrinsic value per share : Triptych Food Corp FCFs are expected to grow at a constant rate of 4.62% per year in the future. The Market value of Triptych Food Corp's outstanding debt is $54,911 million, and preferred stocks value is $30,506 million. Triptych Food Corp has 450 m..
Describe the competition in the overnight package delivery : Describe the competition in the overnight package delivery industry, and the strategies by which those two firms are meeting the competition. What are the enabling and inhibiting factors facing the two firms as they pursue their goals? Do you think t..

Reviews

Write a Review

Financial Management Questions & Answers

  What is the company''s eva and what does the eva represent

Smith's Shoe Shop had $4,000,000 in operating income last year, after-tax cost of capital of 7%, and a tax rate of 35%. The company has $14,000,000 in stockholder's equity, $17,000,000 in long-term bonds, and $1,500,000 in preferred stock.

  Answer the following questions given the following call

answer the following questions given the following call option prices on google goog and on apple appl. the 2-month

  Avantimedia is the wholly owned italian affiliate of abc a

avantimedia is the wholly owned italian affiliate of abc a u.s. based multinational firm.avantimedia produces projector

  Explain how using a risk-adjusted discount rate improves

Explain how using a risk-adjusted discount rate improves capital budgeting decision making compared to using a single discount rate for all projects?

  A commodity linked bond is issued with an embedded call

a commodity linked bond is issued with an embedded call option. the current commodity price is 110 as is the exercise

  The belief that businesses have the financial

The belief that businesses have the financial, technical, and managerial resources to support needed public and charitable projects is known as which argument?

  What is the equivalent rate with semi annual compounding

An interest rate is 13.34% per annum expressed with continuous compounding. What is the equivalent rate with semi annual compounding? (Margin of error: +/- 0.01%)

  Change in accounting estimate

Change in accounting estimate

  Calculate the price of a constant-maturity

Using a graph, comment on how well the market predicted the future moves of the spot 6-month rate on both dates and in general, are forward rates a good predictor of future interest rates?

  Personal financial management

How much will you have left over each half year if you adopt the latter course of action?

  What factors affect a firms exposure to exchange-rate risk

What are Diva's projected profits for the fiscal year ending September 1995 and what factors affect a firm's exposure to exchange-rate risk? How much exposure to exchange rate risk does Diva Shoes have in April 1995?

  Determine what is the current value of the lease

Payments are due on the first day of each month starting with the day you sign the lease contract. If your cost of money is 4.9 percent, what is the current value of the lease

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd