Answer: The expected loss is $2.3
Explanation:
Total number of tickets to be sold = 100 tickets
one $450 prize, the expected gain = 450 x (1/100) = $4.5
two $110 prizes, the expected gain = 110 x (2/100) = $2.2
four $25 prizes. the expected gain = 25 x (4/100) = $1
Expected gain (loss) = Total expected gain - Cost of the ticket
= (4.5 + 2.2 + 1 ) - 10
= (2.3)
The expected loss is $2.3
Answer:
Unitary cost= $12
Explanation:
Giving the following information:
direct materials $5
direct labor $4
variable overhead $3
The variable costing method incorporates all variable production costs (direct material, direct labor, and variable overhead) to calculate the product unitary cost.
Unitary cost= 5 + 4 + 3= $12
Answer:
c. Situational cognitive vulnerability.
Explanation:
Situational cognitive vulnerability -
It is the cognitive vulnerability in the field of cognitive psychology , it is the belief of cognitive bias .
It is the situation that does not allow to exercise the capabilities effectively .
hence , from the question ,
The correct term according to the statement of the question is - c. Situational cognitive vulnerability.
Answer: The correct answer is "asset-backed security".
Explanation: A security created by pooling loans other than mortgage loans is referred to as an <u>asset-backed security.</u>
Asset-backed securities are debt instruments insured against specific assets or against specific cash flows.
