You are upgrading to better production equipment for your firm's only product. The new equipment will allow you to make more of your product in the same amount of time. Thus, you forecast that total sales will increase next year by 25% over the current amount of 96,000 units. If your sales price is $19 per unit, what are the incremental revenues next year from the upgrade? The incremental revenues are $. (Round to the nearest dollar.)
You are upgrading to better production equipment for your firm's only product. The new equipment will allow you to make more of your product in the same amount of time. Thus, you forecast that total sales will increase next year by 25% over the current amount of 96,000 units. If your sales price is $19 per unit, what are the incremental revenues next year from the upgrade? The incremental revenues are $. (Round to the nearest dollar.)
Essentials Of Investments
11th Edition
ISBN:9781260013924
Author:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Publisher:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Chapter1: Investments: Background And Issues
Section: Chapter Questions
Problem 1PS
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