L&H Sports owns and operates several stadiums used for baseball and soccer games Management is
considering installing machines that would be used to roast peanuts on the premises. This equipment would
allow L&H to sell freshly roasted peanuts rather than the pre-roasted peanuts that are currently sold Marketing
studies suggest that this feature would increase peanut sales.
The roasters can be purchased in several sizes, and the annual rental fees and operating costs vary with the size
of the roaster Information about the roasters is shown below.
L&H currently sells pre-roasted peanuts for $0 60 pet bag. Management plans to sell the freshly roasted
peanuts for a higher price but at no more than a 10% increase. The demand for freshly roasted peanuts is
estimated to be 250, 000 bags pet year. Which roaster should L&H purchase to maximize its profit?
Harris Wholesale Grocery Company has gross sales per year of $7 million and grants credit terms to its
customers of 2/5. net 15 As a result. 60% of customers pay on the discount date 20% pay on the net due date, and 20% pay on average 10 days after the due date Assuming that sales are uniform throughout the year and
using a 360-day year In the calculation what is the approximate annual amount of discount that Hams
customers are allowed to take?
A co league claims that morality is usually perceived and interpreted differently by different people so there is
no method to judge whether one decision is better than another. This is commonly referred to as