MP3 players example
The profit in millions of dollars for an MP3 player can be done with the polynomial P=-4x^3 + 12X^2 + 16X. X represents the number of MP3 players produced annually. The company currently produces 3 million MP3 players and makes a profit of $ 48,000,000. To figure out the least amount of MP3 players the company can produce and still make the same profit...
Financial Statement Analysis
This lesson deals with the analysis of financial statements by investors, creditors and other
interested parties. Management is always one of those interested parties, because how others perceive the company will effect their business and stock price.
The financial ratios described in this lesson are used on a daily basis by thousands of investors. There's...