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Vitek1552 [10]
3 years ago
8

The EZ Construction Company is offered a ​$20 comma 000 contract to build a new deck for a house. The​ company's profit if they

do not have to sink piers​ (vertical supports) down to bedrock will be ​$4 comma 000. ​However, if they do have to sink the​ piers, they will lose ​$600. The probability they will have to put in the piers is 10​%. What is the expected value of this​ contract?
Business
1 answer:
Olin [163]3 years ago
5 0

Answer:

The contract expected value is 3,540

Explanation:

we multiply each possible outcome by their probability of occur.

sink the piers into bedrock :   (600)  x 10% =      (60)

sink the piers normally:           4,000 x 90% = <u> 3,600 </u>

Net                                                                      3,540

It is important to always have all the probabilities add up to 100% in order to this method to work.

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Globe Cars, a leading automobile ancillary firm in China, has decided to form a global alliance with Fulda, a German tire manufa
NISA [10]

Answer:

differences in national cultures

Explanation:

Based on the scenario being described it can be said that the most likely challenge that Globe Cars is likely to face would be differences in national cultures. This is mainly due to the fact that each company originates from different countries with different cultures and beliefs. Therefore there is a high possibility that some of the values of each culture may contradict with the others.

5 0
4 years ago
1. On June 30, 2018, the Johnstone Company purchased equipment from Genovese Corp. Johnstone agreed to pay Genovese $21,000 on t
Mumz [18]

Answer:

$58,002.60

Explanation:

First, it is clear to include the $21,000 as part of the value of the equipment.

Now, the $9,000 annual payment after every year for six years need to be presented in its present value, meaning what is the value of those future amounts of $9,000 on June 30, 2018.

To calculate the present value of annuity (annuity means constant and equal payments) for those 6 payments of $9,000, we would need the Present Value Factor which is supplied from the Present Value Table.

Looking at 12% for 6 periods ("six annual installments") on the table, it gives the PV factor of 4.1114.

Just multiply $9,000 by 4.1114 and we get 37,002.60

Finally add the downpayment of $21,000 with the present value $37,002.60 and we would get the total value of the equipment of 58,002.60

5 0
3 years ago
Which of the following is not a type of trademark? fanciful arbitrary simple suggestive
Phantasy [73]

Considering the available options, the choice that is not a type of trademark is "<u>Simple</u>."

<h3>What is a Trademark?</h3>

Trademark is the term used to describe the word, phrase, design or symbol, or combination thereof.

Generally, the purpose of a Trademark is to create the identity for the source of the commodities such that these commodities can be easily differentiated from similar commodities.

<h3>Different types of Trademarks</h3>

There are four major categories of Trademarks which include the following:

  • Coined or Fanciful trademark
  • Arbitrary trademark
  • Suggestive trademark
  • Descriptive trademark

Hence, in this case, it is concluded that the correct answer is "<u>Simple</u>."

Learn more about Trademarks here: brainly.com/question/11957410

5 0
3 years ago
Because costs and benefits are both subjective, a person's cost-benefit analysis will always be based on what?
Allisa [31]

Answer: his or her unique values and benefits

Explanation: I just got it right

4 0
3 years ago
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Answer:

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Explanation:

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