Use the Table Below to Answer the Following Questions) -Calculate the Total Revenue for the New Line of Sweaters
Use the table below to answer the following questions) .
Fiberia Accessories, a clothing retailer, is planning to introduce a new line of sweaters as part of the winter collection for $65 with an inventory of 1500. The main selling season is 60 days between November and December. The store then sells the remaining units in a clearance sale at 65 percent discount. Out of the 60 main retail days, Fiberia sells the sweaters at full retail price for only 45 days, while giving a discount of 25 percent for the remaining 15 days. The demand functions a, and b are given as 79.5 and 1.1 respectively.
-Calculate the total revenue for the new line of sweaters.
A) $59,426.25
B) $48,871.88
C) $23,400
D) $43,231.09
Correct Answer:
Verified
Q34: Explain how data are used by accountants,
Q35: Use the table below to answer
Q36: What are the three components of decision
Q37: Use the table below to answer
Q38: Use the table below to answer
Q40: A goal of Korel & Marke, a
Q41: Use the data given below to
Q42: Use the data given below to
Q43: Use the data given below to
Q44: Use the chart below to answer the
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents