Holo Company reported the following financial numbers for one of its divisions for the year; average total assets of $5,820,000; sales of $5,395,000; cost of goods sold of $3,235,000; and operating expenses of $1,149,000. Assume a target income of 14% of average invested assets. Compute residual income for the division:

Suppose a ceiling fan manufacturer has the total cost function c(x) = 48x + 1485 and the total revenue function r(x) = 75x. (a) what is the equation of the profit function p(x) for this commodity? p(x) = (b) what is the profit on 35 units? p(35) = interpret your result. the total costs are less than the revenue. the total costs are more than the revenue. the total costs are exactly the same as the revenue. (c) how many fans must be sold to avoid losing money? fans