Answer:
$170 million
Explanation:
First we must calculate the implied fair value of goodwill:
fair value of goodwill = Sanchez's fair value - Sanchez's asset valuation = $1,020 million - $900 million = $120 million
impairment loss = recorded goodwill - fair value of goodwill = $290 million - $120 million = $170 million
An impairment loss is a loss generated by the decline of an asset's fair value.
Answer: The correct answer is "D. Its standards apply to all types of businesses, including electronics and chemicals.".
Explanation: The ISO 9000 standards are a set of Quality Control and quality management, established by the International Organization for Standardization (ISO). They can be applied in any type of organization or activity oriented to the production of goods or services. The standards include both the minimum content and the specific implementation guides and tools as well as the audit methods.
992 candy bars must be sold to maximize revenue.
<h3>
What is revenue?</h3>
- The total amount of income generated by the sale of goods and services related to the primary operations of the business is referred to as revenue in accounting.
- Commercial revenue is also known as sales or turnover.
- Some businesses make money by charging interest, royalties, or other fees.
To find how many candy bars must be sold to maximize revenue:
The price of a candy bar is determined by the quantity sold:
- p(x) = 124 - (x/16) where x is in 1000s.
If the candy bar's price is p(x), the revenue function is:
- R(x) = p(x) · x = 124 · x - x²/16
Find the solution of R'(x) = 0 to maximize R(x):
- R'(x) = 124 - x/8
- 124 - x/8 = 0
- x = 992
Therefore, 992 candy bars must be sold to maximize revenue.
Know more about revenue here:
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The correct question is given below:
If the price of a candy bar is p(x) cents then x thousand candy bars are sold. The price p(x) = 124-(x/16). How many candy bars must be sold to maximize revenue?
Answer:
“making things better, by making better things”
Explanation:
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