Question: Suppose that in the year 2 0 1 5 , Oceanaire, Inc. planned to produce 5 2 5 comma 0 0 0 units of its
Suppose that in the year Oceanaire, Inc. planned to produce comma
units of its lightweight scuba tanks. Of the comma
it planned to produce, a total of comma
units would be added to the inventory at its new plant in Arizona. Also assume that these units have been selling at a price of $
each and that the price has been constant over time. Suppose further that this year the firm built a new plant for $
million and acquired $
million worth of equipment. It had no other investment projects, and to avoid complications, assume no depreciation.
Now suppose that at the end of the year, Oceanaire had produced comma
units but had only sold comma
units and that inventories now contained comma
units more than they had at the beginning of the year. At $
each that means that the firm added $ comma comma
in new inventory.
This year Oceanaire actually invested $enter your response here
Enter
your response as an integer
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