Question

The Boeing Company buys $3 million worth of steel, $2.5 million worth of computer hardware and software, and $1 million worth of mechanical tools to manufacture a certain model of aircraft. Boeing sells this particular model of aircraft at $10 million. The value added by Boeing is equal to:A)$3.5 million.B)$16.5 million.C)$13 million.D)$15.5 million.

Answer 1

The value added by Boeing is equal to:A)$3.5

Step-by-step explanation:

Value added is the difference between the price of product or service and the cost of producing it.

Steel 3,0M

Computer 2,5M

Tools 1,0M

Value Add 3,5M

Boeing 10 M