Answer:
-0.75
Explanation:
We will examine the sample space, which is used in games like this one, to see the possible outcomes of the game:
H H H
H H T
H T H
T H H
T T H
T H T
H T T
T T T
The probability for getting three heads is 1/8. The probability for getting two heads is 3/8. And the probability for everything else is 1/2.
So, when the probabilities and the payouts (or losses) are put in the weighted formula, we get:
1/8*8 + 3/8*2 + 1/2*(-3) = -0.75
So the expected <em>loss </em>in the game is <u>0.75 dollars.</u>
You get tax returns and sometimes the taxes go down
Answer:
b) a market opportunity
Explanation:
Based on the information provided within the question it can be said that the creation of these departments was a result of a market opportunity. This term refers to a specific need that arises for the product or service that you are providing in a specific location or to an individual/company. Which is what happened in this situation as an increase in demand for organic food gave Webmans Inc. the opportunity to enter that market and answer that demand by creating organic food departments within their large stores.
Answer:
Instructions are listed below.
Explanation:
Giving the following information:
1)
A) Absorption costing captures all product costs (direct labor, direct material, manufacturing overhead) to each unit of a product produced during the period. It includes variable and fixed cost.
Absorption cost= Direct material used + Direct labor + Variable manufacturing overhead + Fixed manufacturing overhead
B) Income statement:
Revenue/Sales (+)
Cost of Goods Sold (COGS) (-)
=Gross Profit
Marketing, Advertising, and Promotion Expenses (-)
General and Administrative (G&A) Expenses (-)
=EBITDA
Depreciation & Amortization Expense (-)
=Operating Income or EBIT
Interest (-)
Other Expenses (-)
=EBT (Pre-Tax Income)
Income Taxes (-)
=Net Income
2)
A) Variable costing= Direct material used + Direct labor + Variable manufacturing overhead + variable selling and administrative
B) Income statement
Sales
Cost of good sold (-)
Contribution margin
Fixed costs (-)
Depreciation expense (-)
Interest (-)
Net operating profit
Tax (-)
Net profit