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1. Statement: The company has decided to increase the price of all its products to tackle the precarious financial position. Assumptions: The company may be able to wipe out the entire losses incurred earlier by this decision. The buyers may continue to buy its products even after the increase. The company has adequate resources to continue production for few more months.






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  • By: guest on 02 Jun 2017 01.30 am
    It is mentioned that the company has taken the decision to make up for the financial deficit. So, I is implicit. The response of the buyers to the increased prices cannot be deduced from the statement. So, II is not implicit. Since the company seeks to improve its financial position by increasing the prices of its products, so III is also implicit.
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