Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

- 19 4 points What is the expected revenue for ANAHEIM? $3,239,389 O $ $3,249,192 $3,267,705 III. (20 points) Download the file RETAIL. (Questions 19-23)

image text in transcribed

- 19 4 points What is the expected revenue for ANAHEIM? $3,239,389 O $ $3,249,192 $3,267,705 III. (20 points) Download the file RETAIL. (Questions 19-23) Download the file RETAIL. The revenues (in $1,000) of a sample of retail companies are recorded based on the relationship of Wages (in $1,000), Interest Rate (in %), and Rent (in $1,000). If the revenue is below Wall Street expectations, the retail chain will close the store at that city location. $870,000 3.50% (Interest $0.0042 Billion ANAHEIM (Wages) Rate) $4,000 (Rent) (Actual Revenue) $0.0035 Billion $0.9 million 3.20% (Interest $4,200 (Rent) (Actual FULLERTON (Wages) Rate) Revenue) $1.2 million $0.0043 Billion 3.80% (Interest BREA $4,800 (Rent) (Actual (Wages) Rate) Revenue) $984,000 4.10% (Interest $3,800 (Rent) (Actual $0.0036 Billion PLACENTIA (Wages) Rate) Revenue) $3.267 $13,076 20 4 points What is the expected revenue for FULLERTON? C $3,379,895 $3,361,387 $10,328 a $3,379 $13,678 21 4 points Which storels) will be closed for business? ANAHEIM, FULLERTON, PLACENTIA O ANAHEIM, FULLERTON O , FULLERTON, PLACENTIA BREA, PLACENTIA FULLERTON - 19 4 points What is the expected revenue for ANAHEIM? $3,239,389 O $ $3,249,192 $3,267,705 III. (20 points) Download the file RETAIL. (Questions 19-23) Download the file RETAIL. The revenues (in $1,000) of a sample of retail companies are recorded based on the relationship of Wages (in $1,000), Interest Rate (in %), and Rent (in $1,000). If the revenue is below Wall Street expectations, the retail chain will close the store at that city location. $870,000 3.50% (Interest $0.0042 Billion ANAHEIM (Wages) Rate) $4,000 (Rent) (Actual Revenue) $0.0035 Billion $0.9 million 3.20% (Interest $4,200 (Rent) (Actual FULLERTON (Wages) Rate) Revenue) $1.2 million $0.0043 Billion 3.80% (Interest BREA $4,800 (Rent) (Actual (Wages) Rate) Revenue) $984,000 4.10% (Interest $3,800 (Rent) (Actual $0.0036 Billion PLACENTIA (Wages) Rate) Revenue) $3.267 $13,076 20 4 points What is the expected revenue for FULLERTON? C $3,379,895 $3,361,387 $10,328 a $3,379 $13,678 21 4 points Which storels) will be closed for business? ANAHEIM, FULLERTON, PLACENTIA O ANAHEIM, FULLERTON O , FULLERTON, PLACENTIA BREA, PLACENTIA FULLERTON

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image_2

Step: 3

blur-text-image_3

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Barry Ned Crypto

Authors: Barry D Ned

1st Edition

979-8857241233

More Books

Students also viewed these Finance questions

Question

What does it mean when a firms MVA is negative?

Answered: 1 week ago