Develop a model for the total profit if x students enroll

Assignment Help Corporate Finance
Reference no: EM13495327

Micromedia offers computer training seminars on a variety of topics. In the seminars each student works at a personal computer, practicing the particular activity that the instructor is presenting. Micromedia is currently planning a two-day seminar on the use of Microsoft Excel in statistical analysis. The projected fee for the seminar is $600 per student. The cost for the conference room, instructor compensation, lab assistants, and promotion is $9,600. Micromedia rents computers for its seminars at a cost of $60 per computer per day. 

A.) Develop a model for the Total Cost to put on the seminar. Let x represent the number of students who enroll in the seminar. 

B.) Develop a model for the Total Profit if x students enroll in the seminar. 

C.) Micromedia has forecasted an enrollment of 30 students for the seminar. How much Profit will be earned if its forecast is accurate? 

D.) Compute the Breakeven Point.

Reference no: EM13495327

Questions Cloud

What is the optimal stocking level : Henrique Correa’s bakery prepares all its cakes between 4am and 6am so they will be fresh when customers arrive. Day old cakes are virtually always sold, but at a 50% discount off the regular $10 price.
Find the cue balls final velocity : In a game of pool, a cue ball with an initial velocity of 1.25 m/s directed to the right (along the +x-axis) collides with the five ball, Find the cue ball's final velocity
Explain increase in hardness and strength and decrease : What is the typical effect of the addition of an interstitial element on the properties of a metal? A) Increased surface luster B) Increase in hardness and strength, decrease in ductility
What is the total work done by the force of gravity on ball : You throw a ball from the top of a 50 m high building at 12 m/s upward. The ball misses the building on the way down. The mass of the ball is 2 kg. What is the total work done by the force of gravity on the ball
Develop a model for the total profit if x students enroll : Micromedia offers computer training seminars on a variety of topics. In the seminars each student works at a personal computer, practicing the particular activity that the instructor is presenting. Micromedia is currently planning a two-day seminar o..
Feel is the strongest reason to base decisions : 1. Which do you feel is the strongest reason to base decisions: Authorities, References, Factual evidence or Personal experience?
State what is a grain boundary and two-dimensional interface : What is a grain boundary. (Multiple answers can be selected.) 1. A point defect 2. A line defect 3. A two-dimensional interface where the solid structures are different
What is the color of the bear : A man goes fishing for dinner. He walks 4 km due West from his house, and tries to catch a fish, after 6 hours and no fish, he walks 4 km due North. What is the color of the bear
Review your reading about the writing situation : Review your reading about the writing situation, and write a 100-200 word essay-style response. Consider the following questions as a guide for constructing your response: What part of assessing the writing situation, finding your subject, def..

Reviews

Write a Review

Corporate Finance Questions & Answers

  Premier products inc manufactures tennis rackets premier

premier products inc. manufactures tennis rackets. premier products has grown extensively over the past two years.

  Part athe modigliani-miller theorem proposed by franco

part athe modigliani-miller theorem proposed by franco modigliani and merton miller forms the basis for modern thinking

  Corporate finance problems

Corporate finance problems, 1.  Marginal analysis and economic value added (EVA),  Calculation of EPS and retained earnings,  Financial statement preparation,  Understanding financial statements

  Find the increase in service level

Assume that a newspaper stand is operating under given situation; paper cost $0.4, have no salvage value, & sell for $0.80. If the salvage value is raised by$0.1,

  Use the black-scholes option pricing formula to check

use the black-scholes option pricing formula to check whether a call option is priced correctly.pick any corporation of

  Calculate the differing values for bond

Calculate the differing values for bond given the required rates you chose in part a.

  Summer company is considering three capital expenditure

summer company is considering three capital expenditure projects. relevant data for the projects are as follows.project

  What is the cost of this vacation in todays dollars

he package requires that you pay $20,000 today, $35,000 one year from today, and a final payment of $45,000 on the day you depart three years from today. What is the cost of this vacation in today's dollars if the discount rate is 9.75 percent?

  The financial statements of the hershey company appear in

the financial statements of the hershey company appear in appendix b following the financial statements for tootsie

  Compute current stock price

Otobai Motor Corporation is currently paying a dividend of $1.40 each year. The dividends are expected to grow at a rate of 18% for next 3-years and then a constant rate of 5 percent thereafter forever.

  Identify process goals which comprise key steps to proceed

a deal that will provide your university with many more resources and course offerings, such as more masters-level courses and its first Ph.D.-level courses. This will enhance the institute's accreditation and status.

  You are in charge of development for your housing nonprofit

you are in charge of development for your housing nonprofit and two new grant opportunities have come to your

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