CourseLover

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Teaching Since: May 2017
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  • MCS,MBA(IT), Pursuing PHD
    Devry University
    Sep-2004 - Aug-2010

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  • Assistant Financial Analyst
    NatSteel Holdings Pte Ltd
    Aug-2007 - Jul-2017

Category > Accounting Posted 16 Dec 2017 My Price 10.00

Managerial analysis

Managerial analysis question! Here is the excel spreadsheet, there are 4 separate questions. Please HELP!!!

a. With a single price, how much will Lou charge per hour to maximize profit, and ho NOTE: Cost-plus pricing here is consistent with marginal-cost pricing, so follow the b. With a single hourly price, what is Lou's markup and profit margin per customer? c. With a single hourly price, what is Lou's profit per customer, per day? (2 pts.) Note: Enter a formula--using information above--to calculate profit. Hours parked per day, per customer Profit-maximizing Price per Hour 1. At Lou's Big City Parking Garage, Lou incurs marginal cost of $1 (MC Lou engages in cost-plus pricing (i.e. prices for the long run), AVC is als - 0.7Q, where Q is the number of hours of parking per customer, per day Assume, initially, Lou charges a single hourly price. Use this information to answer the questions below. NOTE: For some of these questions, you may want to do the work outsi
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CourseLover
(12)
Status NEW Posted 16 Dec 2017 02:12 PM My Price 10.00

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