Suppose Apple plans to produce 17,800,000 iPhones this year. The company expects to sell 17,500,000 and add
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Question:
Suppose Apple plans to produce 17,800,000 iPhones this year. The company expects to sell 17,500,000 and add 300 000 to the inventories in its stores.
Suppose that at the end of the year, Apple has sold 17,900,000 iPhones. Answer the following:
(i).What was Apple's planned investment spending on iPhones?
(ii).What was Apple's actual investment spending on iPhones?
Now suppose that at the end of the year, Apple has sold 17,100,000 iPhones.
(iii).What was Apple's planned investment spending on iPhones?
(iv).What was Apple's actual investment spending on iPhones?
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