Aberecrombie Fitch is discriminating aganist people or do you think thry exrcsing thier right as a private business to hire base
1 answer:
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Answer:
Expected Cost = $60,000
Present Value of Expected Cost = $45,079
Explanation:
The chance that the bankruptcy will happen is 30% and the cost it will incur if it happens is $200,000. The expected cost is the probability of the event happening multiplied by the cost of the event happening.
Expected Cost = 200,000 * 0.3
= $60,000
The present value of this cost assuming a discount rate of 10% is;
=
= $45,078.89
= $45,079