A clothing manufacturer has the marginal profit function mp(x) = 40 − 0.02 x , 0≤ x≤ 100 (in dollars per suits), where x is the
number of suits produced and sold each week. the initial profit is mp(0) = −200 . due to the fixed costs. using a definite integral, it is determined that the total profit from producing and selling 80 suits is
1 answer:
You might be interested in
Answer:
The value of the firm is $16,949
Explanation:
Value of the firm is the firm's economic value at a particular time. Winter Wear Company's value will be calculated by:
= + (Tax rate * Debt) =
Here given are,
EBIT = $3,800
Tax Rate = 35%
Unlevered Cost of Capital = 15.4%
Debt = $2,600
= + (0.35 x $2,600)
= $16,039 + $ 910
= $16,949