The revenue per month earned by the Couture clothing chain at time t is R(t) =...
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The revenue per month earned by the Couture clothing chain at time t is R(t) = N(t)S(1), where N() is the number of stores and S(r) is average revenue per store per month. Couture embarks on a two-part campaign: to build new stores at a rate of 10 stores per month and to use advertising to increase average revenue per store at a rate of $10,000 per month. Assume that N(0) = 50 and S(0) = $150,000. Compute the total revenue increase. (Use symbolic notation and fractions where needed. Write S(r) as S and N(r) as N.) The revenue per month earned by the Couture clothing chain at time t is R(t) = N(t)S(1), where N() is the number of stores and S(r) is average revenue per store per month. Couture embarks on a two-part campaign: to build new stores at a rate of 10 stores per month and to use advertising to increase average revenue per store at a rate of $10,000 per month. Assume that N(0) = 50 and S(0) = $150,000. Compute the total revenue increase. (Use symbolic notation and fractions where needed. Write S(r) as S and N(r) as N.)
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Managerial accounting
ISBN: 978-0471467854
1st edition
Authors: ramji balakrishnan, k. s i varamakrishnan, Geoffrey b. sprin
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