Ask Question, Ask an Expert


Ask Basic Finance Expert

1) A firm has 4 divisions-food, retail, cookware, and credit services- that make revenues of= $1.5 million, 3.8 million, $5.7 million, and $3.1 million, respectively. find out the Herfindahl Index (HI) for firm. Firm is considering purchase of the rival retailer, which would increase retail division’s revenues by another= $3.2 million. Firm is also thinking of selling its credit services division. Suppose these 2 actions happen, what will HI become? What is HI if sale of credit division doesn’t occur but rival is acquired?

2) When Marilyn Monroe died, ex-husband Joe DiMaggio swears to place fresh flowers on her grave every Sunday as long as he lived. The week after she died in 1962, bunch of fresh flowers that former baseball player thinking suitable for the star cost about $7. Based on actuarial tables, "Joltin' Joe" could expect to live for 27 years after actress died. Suppose that EAR is= 10.7%. Also, suppose that price of flowers will rise at 4.7% per year, when expressed as the EAR. Suppose that each year has exactly 52 weeks, present value of this commitment is $ . Joe began purchasing flowers week after Marilyn died.

Basic Finance, Finance

  • Category:- Basic Finance
  • Reference No.:- M915264

Have any Question? 

Related Questions in Basic Finance

Createnbspa 700- to 1050-word paper or 16- to 24-slide

Create  a 700- to 1,050-word paper or 16- to 24-slide presentation using a modality of your choice. Explain  the differences between the following: Job Costing Process Costing Standard Costing Direct Costing Throughput C ...

Write an essay about comcast xfinityexplain the cost of

Write an essay about comcast xfinity Explain The Cost of Unused Resource Capacity, The Lack of Clear Business Purpose, Lack of Senior Management Commitment, And how Individual and Organization Resistance to Change effect ...

What is a currency boardis having a fixed exchange rate

What is a currency board? Is having a fixed exchange rate with a currency board that defends the fixed rate better for a country than having a fixed exchange rate and a standard central bank that defends the fixed rate?

10000 stock options have been granted to management as an

10,000 stock options have been granted to management as an incentive to grow the company. The options have been valued using the Black Scholes option pricing methodology at $1.50 per option and vest over five years. What ...

Discuss the job of a risk manager the role the objectives

Discuss the job of a risk manager (the role, the objectives, the responsibilities, and etc.). Describe what you find interesting about the career in risk management.

The mental development index mdi of the bayley scales of

The Mental Development Index (MDI) of the Bayley Scales of Infant Development is a standardized measure used in longitudinal follow-up of high-risk infants. The scores on the MDI have approximately a normal distribution ...

Nominal versus real interest rate what is the difference

Nominal versus Real Interest Rate: What is the difference between the nominal interest rate and the real interest rate? What is the logic behind the implied positive relationship between expected inflation and nominal in ...

Part a bogart ltd has determined the number of widgets it

Part A Bogart Ltd has determined the number of widgets it will need during the next five years as follows: 2011 50000 2012 50000 2013 52000 2014 55000 2015 55000 The equipment used to manufacture the widgets must be repl ...

You purchased an mri scanner two years ago for 20 million

You purchased an MRI scanner two years ago for $2.0 million. The MRI has a 5-year depreciable life with no salvage value. If that same MRI now costs $3.0 million, what would the difference between replacement cost deprec ...

The manager of a barrier reef resort wished to know the

The manager of a Barrier Reef resort wished to know the major determinants of the average daily expenditure by tourists (measured in dollars). From interviews with 18 tourists who have stayed at Great Barrier Reef holida ...

  • 4,153,160 Questions Asked
  • 13,132 Experts
  • 2,558,936 Questions Answered

Ask Experts for help!!

Looking for Assignment Help?

Start excelling in your Courses, Get help with Assignment

Write us your full requirement for evaluation and you will receive response within 20 minutes turnaround time.

Ask Now Help with Problems, Get a Best Answer

A cola-dispensing machine is set to dispense 9 ounces of

A cola-dispensing machine is set to dispense 9 ounces of cola per cup, with a standard deviation of 1.0 ounce. The manuf

What is marketingbullwhat is marketing think back to your

What is Marketing? • "What is marketing"? Think back to your impressions before you started this class versus how you

Question -your client david smith runs a small it

QUESTION - Your client, David Smith runs a small IT consulting business specialising in computer software and techno

Inspection of a random sample of 22 aircraft showed that 15

Inspection of a random sample of 22 aircraft showed that 15 needed repairs to fix a wiring problem that might compromise

Effective hrmquestionhow can an effective hrm system help

Effective HRM Question How can an effective HRM system help facilitate the achievement of an organization's strate