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frez [133]
3 years ago
7

Three contractors (call them a, b, and

Business
1 answer:
patriot [66]3 years ago
4 0

Answer:  The probabilities of winning a contract are

P(A) = \frac{28}{36}  

P(B) = \frac{7}{36}  

P(C) = \frac{1}{36}


Let the Probability of C winning the contract - P(C) be 'X'

Then,

Probability of B winning the contract - P(B) will be '7X'     and

Probability of A winning the contract - P(A) will be \mathbf{P(A) = 4 * P(B) = 4*7X = 28X}

Since the total of all the probabilities is 1,

\mathbf{P(A) + P(B) + P(C) =1}

\mathbf{28X + 7X + X =1}

\mathbf{36X =1}

\mathbf{X =\frac{1}{36}}

So,

P(A) = \frac{28}{36}

P(B) = \frac{7}{36}

P(C) = \frac{1}{36}

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Why are the largest industrial corporations in the United States so committed to international marketing?
LenKa [72]

Answer:

The US is the largest economy in the world, but it only represents about 1/4 of the total. That means that the opportunities of earning higher profits and effectively using all their resources increases dramatically when you serve the whole world. E.g. Apple is the mot valuable firm in the world and about 60}% of its revenue comes from foreign markets. Something similar applies to most large corporations, that would be much smaller and less profitable is they only served the US market.

6 0
3 years ago
Suppose you just won the state lottery, and you have a choice between receiving $3,500,000 today or a 20-year annuity of $250,00
xeze [42]

Answer: The correct answer is e). 3.67%

Explanation: An ordinary annuity is a series of payments made at the end of each period.

The formula for ordinary annuity is PV = PMT × ((1 - (1 + r) ^ -n)/ r)

Where; PMT = the periodic cash payment; r = the interest rate per period; n = the total number of periods and PV = present value.

Therefore; 3500000 = 250000×((1-(1+r)^-20)/r

This will give the rate as 3.67%

4 0
3 years ago
Which of the following is a goal of the globalization movement
andrew11 [14]

Answer:

c) removing barriers to trade

Explanation:

removing barriers to trade is a goal of the globalization movement.

4 0
3 years ago
Tennill Incorporated has a $1,400,000 investment opportunity with the following characteristics: Sales $ 4,480,000 Contribution
nataly862011 [7]

Answer:

9.6%

Explanation:

Tennill incorporation has an investment of $1,400,000

Sales is $4,480,000

Fixed expenses is $1,657,600

The first step is to calculate the contribution margin ratio

= 40/100×4,480,000

= 0.4×4,480,000

= 1,792,000

The variable cost can be calculated as follows

=Sales-CM

= 4,480,000-1,792,000

= 2,688,000

Net profit = Sales-Fixed cost-Variable cost

= 4,480,000-(1,657,600+2,688,000)

= 4,480,000-4,345,600

= 134,400

Therefore the ROI can be calculated as follows

= Net profit/investment × 100

= 134,400/1,400,000 × 100

=0.096×100

= 9.6%

Hence the return on investment for this year's investment opportunity considered alone is closest to 9.6%

3 0
3 years ago
Your division is considering two projects with the following cash flows (in millions):
Vinvika [58]

Answer:

WACC is 5%, then NPV of Project A is ($0.32) and NPV of Project B is ($0.45)

WACC is 10%, then NPV of Project A is ($2.15) and NPV of Project B is ($1.58)

WACC is 15%, then NPV of Project A is ($3.61) and NPV of Project B is ($2.46)

Regardless WACC, IRR of the Project A is 4.2% and IRR of Project B 3.3%

The IRR of both projects is lower than minimum WACC 5%, then we shouldn't accept any project

Explanation:

We use excel to do these calculations, please see attachment for my work.

Net present value = NPV (WACC, Cash out year 0, Cash in year 1, Cash in year 2, Cash in year 3)

Internal Rate of return (IRR) is the minimum rate to get NPV is 0; thus it's regardless WACC

= IRR(Cash out year 0, Cash in year 1, Cash in year 2, Cash in year 3)

When NPV is zero, it means no value is created for the shareholders.

IRR must be higher than the cost of capital of a project to create any value for the shareholders.

Download xlsx
4 0
3 years ago
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