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Asset 3 22 30 36 Asset 4 10 20 30 Assets 17 19 Asset 6 19 25 29 Other Details Make sure to check that

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Asset 3 22 30 36 Asset 4 10 20 30 Assets 17 19 Asset 6 19 25 29 Other Details Make sure to check that required cash on hand is met each year Make sure that you don't sell any asset more than once Your solution will involve selling all assets. The question is just timing! 22 1 Data on selling prices of assets (in millions) Asset 1 Asset 2 3 Sold in year 1 15 16 4 Sold in year 2 20 18 5 Sold in year 3 24 21 6 7 8 9 10 11 12 13 14 15 16 17 89. Based on Bean et al. (1987). Boris Milkem's firm owns six assets. The expected selling price (in millions of dollars) for each asset is given in the file P14_89.xlsx. For example, if asset 1 is sold in year 2, the firm receives $20 million. To maintain a regular cash flow, Milkem must sell at least $20 million of assets during year 1, at least $30 million worth during year 2, and at least $35 million worth during year 3. Determine how Milkem can maximize his total revenue from assets sold during the next three years. Asset 3 22 30 36 Asset 4 10 20 30 Assets 17 19 Asset 6 19 25 29 Other Details Make sure to check that required cash on hand is met each year Make sure that you don't sell any asset more than once Your solution will involve selling all assets. The question is just timing! 22 1 Data on selling prices of assets (in millions) Asset 1 Asset 2 3 Sold in year 1 15 16 4 Sold in year 2 20 18 5 Sold in year 3 24 21 6 7 8 9 10 11 12 13 14 15 16 17 89. Based on Bean et al. (1987). Boris Milkem's firm owns six assets. The expected selling price (in millions of dollars) for each asset is given in the file P14_89.xlsx. For example, if asset 1 is sold in year 2, the firm receives $20 million. To maintain a regular cash flow, Milkem must sell at least $20 million of assets during year 1, at least $30 million worth during year 2, and at least $35 million worth during year 3. Determine how Milkem can maximize his total revenue from assets sold during the next three years

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