Answer:
With 16 Grade X and 54 Grade Y the company maximize their profit at 11,840 dollars
Explanation:
We set up the scenario in Excel and use SOLVER tool:
X = 50 synthetic + 25 labor + 20 foam
Y = 40 synthetic + 28 labor + 15 foam
Profit:
X = 200
Y = 160
Constraing:
synthetics <= 3,000
foam <= 1,500
Grade X and Grade Y are integer.
goal: maximize profit
16 of Grade X
and 54 of grade Y
16 x 50 = 800
16 x 30 = 540
54 x 40 = 2,160
54 x 15 = 810
Profit:
16 x 200 + 54 x 160 = 11840
Answer:
Benjamin Graham was an influential investor whose research in securities laid the groundwork for in-depth fundamental valuation used in stock analysis today by all market participants. His famous book, "The Intelligent Investor," has gained recognition as the foundational work in value investing.
he invested and gained wealth
Answer:
$1,280,000
Explanation:
The net realizable value of accounts receivable after the net adjustment is computed as
= Ending balance in Accounts receivables - Uncollectible ageing accounts receivables
Given that;
Ending balance in Accounts receivables = $1,400,000
Uncollectible ageing accounts receivables = $120,000
Net realizable value of the accounts receivables after the net adjustment = $1400,000 - $120,000
= $1,280,000
Predatory Pricing is the practice whereby a foreign producer intentionally sells its products in the United States for less than the cost of production to undermine the competition and take control of the market.
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Explanation:</u></h3>
hen there is a situation in the market whereby the products are sold at a cost very low than the cost of other suppliers refers to the predatory pricing. When predatory pricing is practiced then the suppliers with lower price will alone survive in the market making all the other suppliers to forcefully leave the market.
This kind of act is illegal. This is because predatory pricing will eradicate the competition. The main aim of this type of pricing is to eliminate the small business from the market. In the given scenario, a foreign producer is selling its products intentionally at lower price in U.S for the lower cost than the cost of production and takes the market to its control which is an example of Predatory Pricing.
Let us denote the number of headphones with h. If tax rate applies on the revenue of 10h, then the cost and the revenue can be calculated as: cost= 5h + 200revenue=10h - 0.2(10h) = 8h
8h - (5h + 200) = 4008h - 5h - 200 = 4003h = 600h = 200
So, in order to meet the goal of $400 we should sell 200 headphones.
