Please explain two characteristics of the maximum of minimum profits criterion (Maximin method)
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- What implications are there for ensuring that each of the several sponsoring companies gets an optimum return?List the four functions of management. Explain what type of cost management information isappropriate for each.Perform cost-benefit analysis and describewhat is meant by the time value of money,present value, discount rate, net present value,return on investment, and break-even analysis.
- What would the SC value be?chapter 3 2. Given this information, what is the profit dollars? Round your answer to the dollar and add a dollar sign and comma separator (i.e. $15,467) Net Sales $561,800 Cost of Goods Sold 275,280 Expenses 253,9361a. Please explain the following terms with examples. Pareto optimality Third-degree price discrimination Principal-agent problem
- In 2015, Keenan Company paid dividends totaling $3,600,000 on net income of $10.8 million. Note that 2015 was a normal year and that for thepast 10 years, earnings have grown at a constant rate of 10%. However, in 2016, earnings are expected to jump to $14.4 million and the firm expects to have profitable investment opportunities of $8.4 million. It is predicted that Keenan will not be able to maintain the 2016 level of earnings growth because the high 2016 earnings level is attributable to an exceptionallyprofitable new product line introduced that year. After 2016, the company will return to its previous 10% growth rate. Keenan’s target capital structure is 40% debt and 60% equity.a. Calculate Keenan’s total dividends for 2016 assuming that it follows each of the following policies:1. Its 2016 dividend payment is set to force dividends to grow at the long-run growth rate in earnings.2. It continues the 2015 dividend payout ratio. 3. It uses a pure residual dividend policy (40% of the…Why might the term average cost be misleading?Give an example business and explain how you will apply methods/ approach below for the success of the business. - income-based valuation
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