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Marat540 [252]
3 years ago
15

A fruit company has 20% returns in periods of normal rainfall and –3% returns in droughts. The probability of normal rainfall is

60% and droughts 40%. What would the fruit company’s expected returns be?
Business
1 answer:
larisa [96]3 years ago
5 0

Answer:

10.8%

Explanation:

The computation of the expected returns is shown below:

= Return in periods of normal rainfall × probability of normal rainfall + return in droughts × probability of droughts

= 20% × 60% + -3% × 40%

= 12% - 1.2%

= 10.8%

Basically we multiplied the returns with its probabilities so that the approximate expected rate of return could come.

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Click on the item below that contains a comma splice.
vodka [1.7K]

Answer:

The item that contains a comma splice is:

C. Martin Luther was born in Eisleben, Germany, about 110 kilometers from there is Wittenberg, where he nailed his ninety-five theses to the door.

Explanation:

The comma splice occurred when two independent clauses are incorrectly joined by a comma instead of a semicolon or a full stop. To avoid this comma splice, the independent clause, "about 110 kilometers from there is Wittenberg," is identified.  We can either put a semicolon after Germany or a full stop.  Putting a full stop separates the sentence into two.

4 0
3 years ago
How do you find the value of a bond, and why do bond prices change
Mars2501 [29]

Answer:

Explanation:

as the discount rate gets larger, the price of the bond will decrease. as the coupon rate increases, the bond price will increase. bond prices are calculated by taking the present value of the coupons and face value of bonds. If the coupons are larger, the present value of the coupons will also be larger.

6 0
3 years ago
Bekah is an adviser for the company Vicoltech, which deals heavily in investments. Bekah also advises several other clients in h
photoshop1234 [79]

Answer: d. Bekah was still exempt from the SEC’s reporting requirements.

Explanation:

Here are the options:

a. Indeterminable with current information

b. Bekah was required to register with the SEC, but not required to report information to

c. Bekah was required to begin reporting information to the SEC.

d. Bekah was still exempt from the SEC’s reporting requirements.

The Dodd-Frank Act is a comprehensive bill which places very strict regulations on the banks and lenders in order to help protect the consumers and also help in the prevention of economic recession

Based on the scenario in the question, Bekah will still be exempt from the SEC’s reporting requirements because in the Dood-Frank Act, it was stated that advisers that are only working in the same state with their clients are exempted from reporting requirements with the Security Exchange Commission.

3 0
3 years ago
Which of the following reasons would cause a company to reject an offer to accept business at a special price?
zysi [14]

Answer:

The additional sale will not conflict with regular sales.

Explanation:

Accept business at a special price if the additional sales conflict regular sales. That is, special price must maintain the status quo or improve it.

8 0
3 years ago
Zhang Industries budgets production of 400 units in June and 410 units in July. Each finished unit requires 5 pounds of raw mate
Vika [28.1K]

Answer:

The correct answer is $12,060.

Explanation:

According to the scenario, the given data are as follows:

Production in June = 400 units

Production in July = 410 units

Each unit required = 5 pounds

Cost per pound = $6

So, June required raw material = 400 units × 5 pounds = 2000 pounds

For July required raw material = 410 units × 5 pounds × 20% = 410 pounds

So, required total raw material for June = 2000 pounds + 410 pounds - 400 pounds ( already in inventory)

= 2010 pounds

So, the total cost required for raw material in June = 2010 pounds × $6

= $12,060

Hence, the budgeted cost of purchases for raw material K for June is $12,060.

7 0
3 years ago
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