1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
konstantin123 [22]
2 years ago
7

As the operations manager for American Airlines you have decided to invest in 10 new jets for the company's fleet. There are thr

ee outcomes for this investment. What is the expected return on investment using the information below?
Outcome Probability Return

1. .50 .15

2. .30 .25

3. .20 .10


Make sure your answer is in decimal format (.30, .40, etc.) and not a percentage. Round to the nearest hundredth place (i.e. .264 -> .26) if necessary.
.17
Business
1 answer:
3241004551 [841]2 years ago
5 0

Answer:

0.17

Explanation:

The computation of the expected return on investment is shown below:

= (Expected return of the outcome 1 ×  Probability of the outcome 1) + (Expected return of the outcome 1 ×  Probability of the outcome 1) + (Expected return of the outcome 1 ×  Probability of the outcome 1)

= (0.15× 0.50) + (0.25 × 0.30) + (0.10 × 0.20)  

= 0.075 + 0.075 + 0.02

= 0.17

You might be interested in
on June 1, 2018, Herbal co. received $40,460 for the rent of land for 12 months. Journalize the adjusting entry required for une
Dvinal [7]
The entry recognized in the books as at June 1, 2018, is as follows:
AJE:_____
Dr. Cash      $40,460
Cr. Rental Income     $40,460
     <span>To record payment of rental from customer 

</span>However, since portion only is realized as at December 31, 2018, thus, adjusting journal entry should be made to adjust the unearned portion. 

AJE:___
Dr. Rental Income      $16,858
Cr. Unearned Rental Income     $16,858
     <span><em>To adjust unearned rental income of 5 months
</em>
The unearned rental income is presented under Accounts Payable portion of the books. </span>
7 0
2 years ago
Department S had no work in process at the beginning of the period. 12,000 units of direct materials were added during the perio
kirill115 [55]

Answer:

The answers are:

The total conversion costs were $59,400

The total costs of units completed were $117,000

Explanation:

The total conversion costs are direct labor and factory overhead:

  • total conversion costs = $49,500 + $9,900 = $59,400

To calculate the total costs of units completed we must first calculate the equivalent units completed.

  • 9,000 units were 100% completed
  • 3,000 units were only 30% completed, which are equivalent to 900 units completed (3,000 x 30%).

Now we calculate the conversion costs per unit completed by dividing the total conversion costs over the equivalent units completed:

  • $59,400 / 9,900 units = $6 conversion costs per unit completed

To calculate the materials costs per unit, we divide the total materials costs by the total units that entered production (since materials are added at the beginning of the production process):

  • $84,000 / 12,000 units = $7 materials costs per unit completed

Now we have the total costs per unit completed $13 ($6 + $7) and to calculate the total cost of units completed we multiply 9,000 units x $13 = $117,000.

5 0
3 years ago
Andrea is an accountant who lives in the state of Texas. What tax is she exempt from
Alex_Xolod [135]
The asnser your looimg for would be a fat ol D


6 0
3 years ago
Read 2 more answers
If Rolo Watches plans to sells 300 watches at $48 per watch and has variable costs of $20 per watch and fixed costs of $4,000, w
Karolina [17]

Answer:

Profit= $4,400

Explanation:

Giving the following information:

Sales= 300 units

Selling price= $48

Unitary variable cost= $20

Fixed cost= $4,000

F<u>irst, we need to calculate the contribution margin:</u>

Contribution margin= 48 - 20= $28 per unit

<u>Now, the projected profit:</u>

Profit= 300*28 - 4,000

Profit= $4,400

4 0
3 years ago
In what ways was the economic prosperity of the 1920s genuine, and in what ways did this prosperity disguise serious economic pr
Elan Coil [88]

Answer:

In what ways was the economic prosperity of the 1920s genuine, and in what ways did this prosperity disguise serious economic problems?

Do you think most people perceived the underlying problems in the economy? Why or why not?

Explanation:

The factors which contributed to the counterfeit prosperity of the 1920s were the abundant availability  of consumer goods; farmers bought plenty of land and farm equipment and produced a large amount of goods for market; the availability of credits and the stock market performance led the people to obtain higher standards of living and leisure time; President Herbert Hoover and other politicians declared that the economy was doing extremely well.

But people realized a dramatic change in the economy, when it went from this apparent prosperity to a severe depression between 1929 and 1932, with the stock market-black tuesday in Oct., 29, 1929, when the farmers-demand for food goes down after WWI, prices went down, farmers over produced, could not pay back loans and land was lost ; loans not paid back caused banks failed, people began spending less on consumer goods  and personal income and debt-income gap between rich and poor increased.

5 0
3 years ago
Other questions:
  • Dual distribution refers to
    14·1 answer
  • Wel me following questions. Be sure to explain your thinking.
    12·1 answer
  • A bakery buys sugar in 15-pound bags. The bakery uses 5000 bags of sugar each year. Carrying costs are $20 per bag per year. Ord
    7·1 answer
  • On July 1, 2021, Apache Company, a real estate developer, sold a parcel of land to a construction company for $3,000,000. The bo
    12·1 answer
  • Paul, a manager at a logistics company. Wants to have Emma, a temporary worker, handle customers’ queries. Paul’s colleague. Ali
    10·1 answer
  • The Solow model basically states that as more rural and backward economies start to develop, they will use more intensively thei
    14·1 answer
  • The merchandising team, which includes lead buyers, buyers, assistant buyers, and merchandising assistants, scours the earth for
    5·1 answer
  • The following selected transactions were completed by Capers Company during October of the current year: Oct. 1 Purchased mercha
    5·1 answer
  • You are a recent college graduate who has just landed your first job. The company that hired you has
    15·1 answer
  • Which of the following is a characteristic of a task-oriented leader? staying accountable for assigning work ensuring everyone r
    11·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!