Firm XYZ sells calculators. It operates in a plant worth $1,000,000 and maintains production equipment worth $5,000,000. Currently, it has 175,000 calculators in reserved inventory that it plans to sell next month to retail stores for $70 each. Its board of directors has $1.62 million in government bondsand $115,000 in savings for use as payroll and emergency funds. In addition, XYZ employs several workers whose collective worth in terms of skill and knowledge is equal to $275,000.The capital stock of firm XYZ is S. (Enter your response rounded to the nearest dollar.)

Given, A firm XYZ produces and sells calculators Plant worth = $1,000,000 Worth of plant…

n equipment worth $5,000,000. Currently, it has 175.000 calculators in reserved inventory that it plans to sell next several workers whose collective worth in terms of skill and knowledge is equal to $275,000.

n equipment worth $5,000,000. Currently, it has 175.000 calculators in reserved inventory that it plans to sell next several workers whose collective worth in terms of skill and knowledge is equal to $275,000.

ENGR.ECONOMIC ANALYSIS

14th Edition

ISBN:9780190931919

Author:NEWNAN

Publisher:NEWNAN

Chapter1: Making Economics Decisions

Section: Chapter Questions

Problem 1QTC

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Question

Firm XYZ sells calculators. It operates in a plant worth $1,000,000 and maintains production equipment worth $5,000,000. Currently, it has 175,000 calculators in reserved inventory that it plans to sell next month to retail stores for $70 each. Its board of directors has $1.62 million in government bonds
and $115,000 in savings for use as payroll and emergency funds. In addition, XYZ employs several workers whose collective worth in terms of skill and knowledge is equal to $275,000.
The capital stock of firm XYZ is S. (Enter your response rounded to the nearest dollar.)

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