A business received an offer from an exporter for 10,000 units of product at $17.50 per unit. The acceptance of the offer will not affect normal production or domestic sales prices. The following data is available: What is the amount of gain or loss from acceptance of the offer?
A) $65,000 gain
B) $50,000 loss
C) $30,000 loss
D) $20,000 loss

Question

A business received an offer from an exporter for 10,000 units of product at $17.50 per unit. The acceptance of the offer will not affect normal production or domestic sales prices. The following data is available:  What is the amount of gain or loss from acceptance of the offer?
A) $65,000 gain 
B) $50,000 loss 
C) $30,000 loss 
D) $20,000 loss

Quizplus · Accepted Answer

The Answer of A business received an offer from an exporter for 10,000 units of product at $17.50 per unit. The acceptance of the offer will not affect normal production or domestic sales prices. The following data is available:  What is the amount of gain or loss from acceptance of the offer?
A) $65,000 gain 
B) $50,000 loss 
C) $30,000 loss 
D) $20,000 loss

A Business Received an Offer from an Exporter for 10,000