Suppose Apple plans to produce 2.1 million iPhones in Canada this year. The company expects to...

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Suppose Apple plans to produce 2.1 million iPhones in Canada this year. The company expects to sell 2.03 million and add 70,000 to the inventories in its stores. a. Suppose that at the end of the year, Apple has sold 1.63 million iPhones. What was Apple's planned investment? What was Apple's actual investment? b. Now suppose that at the end of the year, Apple has sold 2.43 million iPhones. What was Apple's planned investment? What was Apple's actual investment? a. Apple's planned investment was million iPhones. (Round your response to two decimal places.) Suppose Apple plans to produce 2.1 million iPhones in Canada this year. The company expects to sell 2.03 million and add 70,000 to the inventories in its stores. a. Suppose that at the end of the year, Apple has sold 1.63 million iPhones. What was Apple's planned investment? What was Apple's actual investment? b. Now suppose that at the end of the year, Apple has sold 2.43 million iPhones. What was Apple's planned investment? What was Apple's actual investment? a. Apple's planned investment was million iPhones. (Round your response to two decimal places.)

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a To calculate Apples planned investment we need to subtract the expected sales from the planned pro... View the full answer