A credit card had an APR of 15.98% all of last year, and compounded interest daily. What was the credit card's effective interes

The result is:

B. 3.13

Answer:

• The profit can be expressed as 70x + 50
• If 240 phones are sold, the profit amounts to $16,850

Detailed explanation:

The revenue function R(x) is provided as

The cost function C(x) is given as

Profit is calculated by subtracting cost from revenue, expressed as Profit = Revenue − Cost

We substitute the given revenue and cost functions into this formula.

Denote the profit function as P(x).

Therefore, the profit function formula simplifies to 70x + 50

Since x denotes the quantity of phones sold, to find the profit when 240 phones are sold, we substitute x = 240 into the profit expression above.

Hence, selling 240 phones yields a profit of $16,850

Respuesta:

Crane Company

Informes financieros de junio

a) Costo de bienes disponibles para la venta = $5,250

b) Costo unitario de promedio móvil para:

i) 1 de junio: = $5

ii) 12:  = $4.75

iii) 15: = $4.75

iv) 23:  = $5.75

v) 27:  = $5.25

Explicación paso a paso:

a) Cálculos:

Fecha Explicación Unidades Costo Unitario Costo Total Costo Promedio Móvil

1 de junio Inventario 150 $4 $600 $4.000

12 Compra 450 5 2,250 4.750

15 Venta 500 7 3,500 4.750

23 Compra 400 6 2,400 5.750

27 Venta 420 8 3,360 5.250

30 Inventario 80

Costo de bienes disponibles para la venta = Costo del Inventario Inicial + Costo de Compras = $5,250 + ($600 + 2,250 + 2,400)

b) Costo unitario de promedio móvil para:

i) 1 de junio: Costo de bienes disponibles/Unidades disponibles = $5 ($600/150)

ii)  12: Costo de bienes disponibles/Unidades disponibles = $4.75 ($600 + 2,250/600)

iii)  15: Costo de bienes disponibles/Unidades disponibles = $4.75 ($475/100)

iv)  23: Costo de bienes disponibles/Unidades disponibles = $5.75 ($475 + 2,400)/500

v)  27: Costo de bienes disponibles/Unidades disponibles = $5.25 ($420/80)