Answer:
0.17
Explanation:
The computation of the expected return on investment is shown below:
= (Expected return of the outcome 1 × Probability of the outcome 1) + (Expected return of the outcome 1 × Probability of the outcome 1) + (Expected return of the outcome 1 × Probability of the outcome 1)
= (0.15× 0.50) + (0.25 × 0.30) + (0.10 × 0.20)
= 0.075 + 0.075 + 0.02
= 0.17
Answer:
b. producers are more willing and able to hire that resource
Explanation:
In production resources are defines as various inputs in the production process of a product.
It contributes to the final product that a consumer buys and they have their various costs which are used to obtain their use.
So when the price of a resource decreases, it means that the cost of production also decreases.
There is now more outlay of cash that can be used hire that resource.
Producers are able to produce more of the final product so supply increases.
Answer:
A. Observational study
Explanation:
An observational study measures the characteristics of a population by studying individuals in a sample, but does not attempt to manipulate or influence the variables of interest.
A designed experiment applies a treatment to individuals (referred to as experimental units or subjects) and attempts to isolate the effects of the treatment on a response variable.
Hence, we can see that proposed study is observational.
Answer:
71 days
Explanation:
Length of cash cycle = days of inventory on hand + days of sales outstanding - days of payables
days of sales outstanding = number of days in the period / receivable turnover
360 / 18 = 20
