Benjamin, Inc., operates an export/import business. The company has considerable dealings with companies in the country of Camer
rand. The denomination of all transactions with these companies is alaries (AL), the Camerrand currency. During 2017, Benjamin acquires 25,000 widgets at a price of 8 alaries per widget. It will pay for them when it sells them. Currency exchange rates for 1 AL are as follows: September 1, 2017 $ 0.48 December 1, 2017 0.42 December 31, 2017 0.50 March 1, 2018 0.43
1 answer:
Answer:
the picture attached is the main question while the solution is given in the explanation box below
Explanation:
a)
2017 = Loss = 25000 * 8 * [0.42-0.50] = 16000
2018 = Gain = 25000 * 8 * [0.50-0.43] = 14000
b)
2017 = gain = 25000 * 8 * [0.48-0.42] = 12000
c)
2017 = Loss = 25000 * 8 * [0.48 - 0.50] = 4000
2018 = Gain = 25000 * 8 * [0.50-0.43] = 14000
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Answer:
$14038
Explanation:
The company has marginal revenue R'(t) = . Therefore its revenue R(t) is given as;
R(t) = ∫R'(t)
R(t)= ∫ dt =
+ c
R(t) = + c
But R(0) = 0, therefore:
R(0) = + c = 0
+ c = 0
100 + c =0
c = -100
Also the marginal cost per day is given by C'(t) = 140 - 0.3t
C'(t) = 140 - 0.3t
C(t) = ∫C(t) = ∫ (140 - 0.3t) dt = 140t - (0.3/2) t² + C
But C(0) = 0
C(0) = 140 (0) - (0.3/2)(0)² + c = 0
c = 0
C(0) = 140t - (0.3/2) t²
Profit P(t) = R(T) - C(T) , hence the total profit from t = 0 to t = 5 is given as:
P(t) =
The profit is $14038