Question

What occurred in Sept regarding record revenue for PVH Corp?

1) PVH Corp. receives payment from Macy's for 10,000 shirts for $15 each that PVH Corp had already produced and delivered
2) PVH Corp. receives payment from Macy's for 10,000 shirts for $10 each that PVH Corp had already produced and delivered
3) PVH Corp. receives payment from Macy's for 5,000 shirts for $15 each that PVH Corp had already produced and delivered
4) PVH Corp. receives payment from Macy's for 5,000 shirts for $10 each that PVH Corp had already produced and delivered

Answer 1

The highest record revenue for PVH Corp in September would be option 1, where the company received payment from Macy's for 10,000 shirts at $15 each, amounting to a total of $150,000.

Step-by-step explanation:

In September, concerning record revenue for PVH Corp., the event that took place would be that PVH Corp. receives payment from Macy's for a certain number of shirts at a specified price per shirt. To determine which option reflects the highest revenue, we must calculate the total revenue from each scenario. So, if PVH Corp. received payment for 10,000 shirts at $15 each, the total revenue would be $150,000 (option 1). For 10,000 shirts at $10 each, the revenue would be $100,000 (option 2). If the payment was for 5,000 shirts at $15 each, the revenue would be $75,000 (option 3). Lastly, for 5,000 shirts at $10 each, the revenue comes out to $50,000 (option 4).

Based on these calculations, the scenario that resulted in record revenue for PVH Corp. would be option 1, where they received payment for 10,000 shirts at $15 each, totaling $150,000.