Answer:
The answer is ' a profit of $14 million
Explanation:
Revenue = $24 million
Total expenses = $10 million
Profit(loss) = Revenue minus total expenses
$24 million - $10 million
Profit = $14 million.
It is a profit because revenue is greater than total expenses. Adventure Enterprises will report a loss if reported total expenses was greater than reported revenue
Answer:
expected profit = $6600
Explanation:
given data
cost of the regatta = $9,000
profit = $15,000
probability of rain = 0.35
to find out
the producer's expected profit
solution
we know that expected profit is express as
expected profit = profit if no rain - loss if rain ..................1
put here value as here
expected profit = profit if no rain - loss if rain
expected profit = (100 - 35 % ) × $15000 - 35% × ($9000)
expected profit = $6600
Answer:
Symbolism
Explanation:
The nike swoosh is an example of position based on symbolism tools for the brand to distinguishes itself from its competitors?
Cheers
Answer:
Preference dividend = 9% x $65 x 5,700 shares
= $33,345
Dividend paid to ordinary shareholders = $50,000 - $33,345
= $16,655
Explanation:
The dividend paid to preferred stockholders is 9% of the par value multiplied by number of preferred stock outstanding. The dividend paid to common stockholders is the difference between total dividend paid and dividend paid to preferred stock holders.
Answer:
The Future value at year time is $4,260
Explanation:
The future value at the end of the year one can be found by using the compounding formula which is as under:
Future Value = Present Value * (1 +r)^n
Future Value = $4,000 * (1.065)^ 1 = $4,260