Baldwin's Belt has an awareness of 72%. Baldwin's Belt product manager for the segment is determined to have more awareness for Belt than Andrews' Abby. She knows that the first $1M in promotion generates 22% new awareness, the second million adds 23% more and the third million adds another 5%. She also knows one-third of Belt's existing awareness is lost every year. Assuming that Abby's awareness stays the same next year (77%), out of the promotion budgets below, what is the minimum Baldwin's Elite product manager should spend in the promotion to earn more awareness than Andrews' Abby product?

Group of answer choices

2M

Nothing

1M

3M

Chester has a new design for their product Cielo next round that can reduce their material cost of producing units from $10.66 to $9.76. Chester passes on half of all cost savings by cutting the current price ($28.00) to customers. For simplicity, use current labor costs of $5.90 and assume all period costs as reported on Chester's Income Statement (Annual Rpt Pg 2) will remain the same at $ 6,968,000. Determine how many units (000) of product Cielo would need to be sold next round to break even on the product.

Group of answer choices

498

564

586

609

hester has a leverage of 1.91 This means that: (Assume leverage is calculated as Assets/Equity)

Group of answer choices

$1.91 of assets is funded with $1.00 of debt and $0.91 of equity.

$1.91 of assets is funded with $1.00 of equity and $0.91 of debt.

Assets are funded with 91% debt.

Assets are funded with 91% equity.

Digby Corp. is planning to purchase 100 units of plant capacity for Dell. Assuming an automation level of 5, how much is the capital investment required?

Group of answer choices

$0.5M

$1.0M

$2.6M

$3.3M