Answer:
5/1
Step-by-step explanation:
A fraction is the same as division so just do the division and you get 5/1 or just 5
Answer will be 1 because it’s by its self or it could be 2
Answer:
This project has a positive Expected Monetary Value, so it is expected to make money. This means that the company should be advised to make the bid.
Step-by-step explanation:
We have to find the expected monetary value of this project.
If it is positive, the company should make the bid. Otherwise, they should not make the bid.
There is a 20% probability of the bid being accepted. If the bid is accepted, the company would make $26,000 and lose $4,000. So the expected net earning is $26,000-$4,000 = $22,000.
There is an 80% probability of the bid being rejected. In this case, the company loses $4,000.
The Expected Monetary Value of the project is:
.
This project has a positive Expected Monetary Value, so it is expected to make money. This means that the company should be advised to make the bid.
Answer:
1) 9
2)5.85
Step-by-step explanation:
Answer:from my understanding it should be D I would wait for someone else to answer just in case I’m wrong.