The Beach Umbrella Beach Umbrella is aâ take-out food store at a popular beach resort. Susanâ Sexton, owner of the Beach Umbrella Beach Umbrellaâ, is deciding how much refrigerator space to devote to four different drinks. Pertinent data on these four drinks are asâ follows: Cola Lemonade Punch Natural Orange Juice
Selling price per case $18.80 $20.75 $26.90 $39.30
Variable cost per case $13.80 $16.25 $20.10 $30.10
Cases sold per foot of shelf space per day 7 12 24 6

Sexton has a maximum front shelf space of 12 feet to devote to the four drinks. She wants a minimum of 1 foot and a maximum of 6 feet of front shelf space for each drink.

Required:

a. Calculate the contribution margin per case of each type of drink.
b. A coworker of Sexton's recommends that she maximize the shelf space devoted to these drinks with the highest contribution margin per case. do you agree with this recommendation? explain briefly.
c. What shelf-space allocation for the four drinks would you recommend for the Snack Shack?

Suppose that jim plans to borrow money for an education at texas a& m university. jim will need to borrow $25,000 at the end of each year for the next five years (total=$125,000). jim wishes his parents could pay for his education but they can’t. at least, he qualifies for government loans with a reduced interest rate while he is in school. he has a special arrangement with aggiebank to lend him the money at a subsidized rate of 1% over five years without having to make a payment until the end of the fifth year. however, at the end of the fifth year, jim agrees to pay off the loan by borrowing from longhorn bank. longhorn bank will lend him the money he needs at an annual interest rate of 6%. jim agrees to pay back the longhorn bank with 20 annual payments and the payments will be uniform (equal annual payments including principal and interest). (i) calculate how much money jim has to borrow at the end of 5 years to pay off the loan with aggiebank. a. $121,336 b. $127,525 c. $125,000 d. $102,020 e. none of the above

Alarge university wanted to study the relationship between completing an internship during college and students' future earning potential. prom the same graduating class, they selected a random sample of 80 students who completed an internship and 100 students who did not complete an internship and examined their salaries five years after graduation. they found that there was a statistically higher mean salary for the internship group than for the noninternship group. which of the following interpretations is the most appropriate? a. there could be a confounding variable, such as student major, that explains the difference in mean salary between the internship and no internship groups.b. we cannot infer anything from these data since the distribution of salaries is likely right skewed.c. you cannot draw any valid conclusions because the sample sizes are different.d. more students should complete internships because having an internship produces a higher salary.

You should do all of the following before a job interview except