1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
jek_recluse [69]
2 years ago
7

‍You have just decided to add a new line to you manufacturing plant. Compute the expected loss/profit from the addition if you e

stimate the following:
i. There is a 50% chance that profit will increase by $100,000
ii. There is a 30% chance that profit will remain the same
iii. There is a 20% chance that profit will decrease by $15,000
Business
1 answer:
nikklg [1K]2 years ago
3 0

Answer:

The expected profit from the addition is $47,000

Explanation:

Total Addition can be calculated by netting expected values of all situations as follow:

Expected value = %Chance x additional Profit/loss

i Expected profit = 50% x $100,000 = $50,000

ii Expected profit = 30% x $0 = $0 (Profit is same there is no addition)

iii Expected profit = 20% x ($15,000) = ($3,000)

The expected profit from the addition = $50,000 + ($3,000) = $47,000

You might be interested in
Ghana is the largest exporter of cocoa, while Netherland is the largest importer of cocoa. How have the two participating countr
VladimirAG [237]
I believe the correct answer from the choices listed above is the second option. The two <span>participating countries were benefited by global trade in terms of </span><span>economic growth in both the countries. Hope this answers the question. Have a nice day.</span>
3 0
3 years ago
Read 2 more answers
A Broker Price Opinion (BOP) and Competitive Market Analysis (CMA) are estimates of value created by real estate licensees for m
dimulka [17.4K]

Answer:

This evaluation was prepared by a licensed real estate broker and is not an appraisal. This evaluation cannot be used for the purposes of obtaining financing.

Explanation:

4 0
3 years ago
In preparing a statement of cash flows using the indirect​method, the Depreciation Expense​ ________
motikmotik

Answer:B -

Explanation:Depreciation is added back as an adjustment to the net income in the operating activities section.

8 0
3 years ago
Read 2 more answers
When the seller requires that only certain dealers carry its products and also that these dealers not handle competitors' produc
RUDIKE [14]

Answer:

exclusive dealing

Explanation:

Exclusive dealing -

It is the method , where a deal is set up between a specific supplier and the wholesaler or the retailer , where the no other distributor would be able to receive the supply , is referred to as exclusive dealing.

In this scenario no other dealer can not handle the product in any case.

Hence , from the scenario of the question,

The correct option is exclusive dealing .

3 0
3 years ago
Sleeping on job case study<br>​
Elza [17]

Answer:

I’m not sure what you mean but sleeping on a case is bad because when revealing the problem might be handle to late

Explanation:

7 0
3 years ago
Other questions:
  • Equilibrium is when the quantity demanded is no longer equal to the quantity supplied true or false
    9·1 answer
  • Which of the following elements establish an organization's pay structure?A. pay ranges and pay differentialsB. cost control and
    13·1 answer
  • To measure ingredients accurately, it is best to measure items in as many
    10·2 answers
  • A type of real estate investment that offers diversification and liquidity and that is similar in form to a mutual fund is calle
    14·1 answer
  • Effects on currrent ratio
    14·1 answer
  • A business acquires a new software​ product, installs it on its​ hardware, and converts the data to be processed by the software
    8·1 answer
  • Mercantilists wanted a favorable balance of trade, by which they meant a. exports = imports. b. exports &gt; imports. c. exports
    14·1 answer
  • Which of Graeter’s stakeholders are most affected by the family’s decision to take a long-term view of the business rather than
    6·1 answer
  • Marks Corporation has two operating departments, Drilling and Grinding, and an office. The three categories of office expenses a
    6·1 answer
  • In an efficient capital market, only ______ or ________ information will make stock prices move.
    5·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!