Both Joe and Rich should accept this project.
D) Both Joe and Rich
<u>Explanation:</u>
NPVJoe= $25,500 + $15,800 / 1.085 + $15,300 / 1.085^2
NPVJoe= $2,058.88
NPVRich= –$25,500 + $15,800 / 1.125 + $15,300 / 1.125^2
NPVRich= $633.33
Here Joe and Rich both invested a total amount of $25,500 and they are expected to get cash inflows of $15,800 and $15,300 in the year 1 and year 2 respectively they both has their own different rates of return i.e. 8.5% and 12.5% so we can calculate the net principle value of Joe is $2,058.88 and that of Rich is $633.33.
The patterns identified through data mining can help identify customers who may respond to campaign. This tactic will likely increase sales.
Answer: Expected value = $2.034
Explanation:
Total outcome = 52
Favorable Outcome = 8
Probability of drawing a card with a value of three or less = 
= 
= 
Probability of drawing a card with a value of more than three = 1 -
= 
Hence,
Expected value = 
= 22.338 - 20.304
= $2.034
Work In Process Inventory 66,000
Manufacturing Overhead 9,000
Raw Materials Inventory 75,000
Hope this helps :)
There are nothing just read better
