A company makes electronic gadgets. One out of every 50 gadgets is faulty, but the company doesn't know which ones are faulty until a buyer complains. Suppose the company makes a $3 profit on the sale of any working gadget, but suffers a loss of $80 for every faulty gadget because they have to repair the unit. Find the expected profit for the company, Then estimate their total profit if they sell 150,000 gadgets.
A company makes electronic gadgets. One out of every 50 gadgets is faulty, but the company...
A company makes electronic gadgets. 2% are faulty, the company doesn't know which ones are faulty until a buyer complains. Suppose the company makes a $85 profit on each sale, but suffers a loss of $8 for every faulty gadget because they have to repair the unit. What is the profit(or loss) the company can expect to make from selling 100 units?.
A company makes electronic gadgets. 2% are faulty, the company doesn't know which ones are faulty until a buyer complains. Suppose the company makes a $54 profit on each sale, but suffers a loss of $12 for every faulty gadget because they have to repair the unit. What is the profit(or loss) the company can expect to make from selling 100 units?. round to two decimal points
The rest of the details:
Gadgets, Inc. is incorporated and will begin operations on January
1, 2019. Its primary business is the manufacture and sale of
gadgets. Because cash resources are limited, the company
anticipates the need to have access to capital during the first
year of operations and seeks to establish a line of credit with a
local bank. The bank requires a complete operating and cash budget
and pro-forma financial statements for 2019 as part of the loan...
Week 1 Discussion -- Ethical Dilemma What They Don’t Know Won’t Hurt Them! Revolutionary Electronic Technologies (RET) recently released a new advanced electronic micro system to be used by financial institutions, large corporations, and governments to process and store financial data, such as taxes and automatic payroll payments. Even though RET developed the technology used in the creation of the product, RET’s competitors are expected to possess similar technology soon. To beat the competition to the market, RET introduced its...
was
having a hard time figuring out the financial reporting issues ,
user need and environment.
please guide me .
context in financial reporting issues identified.
i have only identified the lawsuit issue and amortization
timeline of trademark.
JU U Tuled. NG "CIES Integrated Cases (Hint: If there are issues that are new, use the concep- tual framework to help support your analysis with solid reasoning.) IC6-1 Standford Pharmaceuticals Inc. (SP) researches, develops, and produces over-the-counter drugs. During the year,...
I have Two Problems which are both solved below. My
question is what makes the approach of solving in each one not the
same. Why does one calculation include avoidable traceable cost
while the other doesn't?
2nd Problem:
(2400000)= segment margin lost
1800000=savings in traceable fix cost due to discontinuation of
beta
765000=Additional contribution margin
*West Region has Traceable costs that should be
avoidable according to segment statement
so again why for the Diego company problem, 250000 in
avoidable Traceable...
Amazon is not just a surviving company of the 1990s tech boom; it is now one of the largest and most successful companies in the world in any industry. It has leveraged its game-changing approach to selling books to sell almost everything to almost everybody almost anywhere. Today Amazon is a leader in all things customer service, and it has achieved this leading position through groundbreaking technological innovation. Technological innovation also has made Amazon one of the largest web services...
HDT Truck Company HDT Truck Company has been located in Crown Point, Indiana, since 1910. Its only products— large trucks—are built to individual customer specifications. The firm once produced automobiles but dropped out of the auto business in 1924. The firm nearly went out of business in the late 1930s, but by 1940 its fortunes were buoyed by receipt of several military contracts for tank retrievers—large-wheeled vehicles that can pull a disabled tank onto a low trailer and haul it...
WHEN 19-YEAR-OLD MICHAEL Dell began selling personal computers
out of his college dorm room in 1984, few would have bet on his
chances for success. In those days, most computer makers sold their
PCs through an extensive network of all-powerful distributors and
resellers. Even as the fledgling Dell Computer Corporation began to
grow, competitors and industry insiders scoffed at the concept of
mail-order computer marketing. PC buyers, they contended, needed
the kind of advice and hand-holding that only full-service channels...
Case 27 To Use or Not to Use?
Beaufort Sea Production Company (BSPC) operates a medium-sized oil
field on Alaska’s north coast. The field is still producing at its
maximum rate, 325,000 barrels of oil per day (BOPD). However, to
sustain this rate the company started a waterflood of the reservoir
two years ago. Now a capacity bottleneck in the water disposal
process is threatening to curtail production. In waterflooding,
salt water from the Beaufort Sea is treated to remove...