Expected value of the purchase of a ticket would be $3.00.
<u>Explanation</u>:
Given,
Raffle ticket costs = $5.00.
The prize = $200.
One hundred tickets are sold = 100 × 5
= $500.00
champ is drawn and given the prize of worth $200.
$500 - $200 = $300
So the normal estimation of the bought ticket = $3.00
The expected estimation of the acquisition of a ticket would be $3.00.
TRAINING provides employees with specific, identifiable knowledge and skills for use in their present jobs
Answer:
so when the cats eats the dog the dogs take the bone
An annual rate of return is the amount of loss or gain made through an investment in a yaear based on the percentage of intial investment.
In this case, since the quarterly divident is $1, in one year it would be:
$1 x 4 = $4
So, the annual rate of return would be $4 / $80 x 100% = 2%
Based on the number of shares that Stockit, Inc. were allowed to issue, the number of authorized shares is 1,000,000 shares.
<h3>What are authorized shares?</h3>
This refers to the maximum number of stock that a company is allowed to offer to the market/ investors.
In this case, Stockit Inc. were allowed to issue a maximum of 1,000,000 shares which means that this is the authorized share capital.
Find out more on authorized shares at brainly.com/question/26206078.
