Solve the Problem $\text { If } R ( x ) = 240 x - 0.7 x ^ { 2 } \text { and } C ( x ) = 4000 + 0.6 x ^ { 2 } \text {, }$

question 22

Multiple Choice

Solve the problem.
-Total profit is defined as total revenue minus total cost. R(x) is the revenue from the sale of x televisions and C(x) is the cost of producing x televisions.(x) is the cost of producing x televisions. $\text { If } R ( x ) = 240 x - 0.7 x ^ { 2 } \text { and } C ( x ) = 4000 + 0.6 x ^ { 2 } \text {, }$ find the profit from the
Sale of 80 televisions.

• A)$22,560
• B)$14,880
• C)$6880
• D)$14,560

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Definitions:

Non-controlling Interest

A minority stake in a company, represented by shares that do not grant the shareholder the majority of voting power.

Acquired Goodwill

The excess value paid for a company over the fair value of its identifiable net assets during an acquisition.

Non-controlling Interest

An equity interest in a subsidiary not held by the parent company, reflecting the share of the subsidiary's equity owned by external investors.

AASB 10

An accounting standard issued by the Australian Accounting Standards Board that outlines the requirements for the preparation and presentation of consolidated financial statements.