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Marat540 [252]
2 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]2 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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artcher [175]

Answer:

Financial aid.

Explanation:

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So here in the given scenario, the financial aid is the best option fitted.

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Answer:

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Explanation:

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6 0
2 years ago
Kane manages a used bookstore. He reads a report advising him to stock
sergeinik [125]

Answer:

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Explanation:

Hope this helps. :D

4 0
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Read 2 more answers
According to liquidity preference theory, equilibrium in the money market is achieved by adjustments in
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Answer:The correct option is 'd': The interest rate.

Explanation:

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According to this theory if our investments are more liquid then we ought to cash in for full value as cash is often accepted as most liquid asset.

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4 0
3 years ago
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