Answer:
-$3
Explanation:
Data provided in the question:
Cost of raffle ticket = $5
Number of tickets sold = 2000
Probability of winning = 1 ÷ 2000 = 0.0005
Winning prize = $4,000
Now,
The expected value of prize = Probability of winning × Winning prize
= 0.0005 × $4,000
= $2
Therefore,
The expected value for this raffle
= expected value prize - Cost of raffle ticket
= $2 - $5
= -$3
Answer:
The most likely reason would that the printer is low on toner
Explanation:
Ordinarily some printers display a message confirming that their toner is low especially the toner would be likely exhausted anytime soon.
One can also confirm if no warning message is displayed through the printer setting icon on the system to be sure the toner needs to be refilled or replaced.
Another point is that the makers of printers such as HP have readily made toners available for sale that could be used to replace exhausted toner in a twinkling of an eye.
B.consumer because all of the others make, ship, and provide the goods for the consumers
Answer:
correct option is b
Preferred Stock for $2,500,000 and Paid-in Capital in Excess of Par Value—Preferred Stock for $500,000
Explanation:
given data
issues = 50,000 shares
preferred stock = $50 par value
cash = $60 per share
Cash = $3,000,000
solution
here entry will be as
Journal Entry are
Cash = 50000 × $60 = $3000000
cash = $3000000 Dr
and
Preferred Stock = 50000 × $50 =
Preferred Stock = $2500000
so
Paid-in Capital in Excess of Par Value - Preferred Stock = 50000 × (60-50)
Paid-in Capital in Excess of Par Value - Preferred Stock = $500000 credit
so
correct option is b
Preferred Stock for $2,500,000 and Paid-in Capital in Excess of Par Value—Preferred Stock for $500,000