Answer:
c. $100,000
Step-by-step explanation:
Calculation of the expected net profit of Ephemeral services corporation
Since we are been told that 9 other companies besides esco are as well bidding for the $900,000 government contract, it means we have to find the expected net profit by dividing 1 by 9×$900,000 .Thus ESCO can only expect to cover its sunk cost.
Hence ,
E(X) = (1/9) × $900,000
E(X)=0.111111111×$900,000
E(X)= $100,000
Therefore the expected net profit would be $100,000
Answer:
- 0.5 - 1.7 = - 2.2
Step-by-step explanation:
We need to add two numbers using the number line.
Steps to Add Numbers on the Number Line:
When we add a negative numbers that we move the point to the left of the number line.
We are adding two negative numbers. Locate the first number which is -0.5. Then, add negative 1.7 to it which means moving the existing point 1.7 units to the left of the number line.
So, we get 2.2 on the left.
2.2 is left side it means sign is negative.
Final answer is -2.2
Answer:
see work attached and shown
Answer: Cannot be done
Step-by-step explanation:
This is impossible as there is no previous information and we don’t have a formula.