Quad Enterprises is considering a new three-year expansion project that requires an initial fixed asset investment of $2.38 mill
ion. The fixed asset falls into the three-year MACRS class (MACRS schedule). The project is estimated to generate $1,760,000 in annual sales, with costs of $660,000. The project requires an initial investment in net working capital of $350,000, and the fixed asset will have a market value of $330,000 at the end of the project. a. If the tax rate is 25 percent, what is the project’s Year 0 net cash flow? Year 1? Year 2? Year 3? (A negative answer should be indicated by a minus sign. Do not round intermediate calculations and enter your answers in dollars, not millions of dollars, rounded to two decimal places, e.g., 1,234,567.89.) b. If the required return is 10 percent, what is the project's NPV? (Do not round intermediate calculations and enter your answer in dollars, not millions of dollars, rounded to two decimal places, e.g., 1,234,567.89.)
1 answer:
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Answer:
The probability that she gets all the red ones, given that she gets the fluorescent pink one, is P=0.0035 or 0.35%.
Step-by-step explanation:
Susan grabs four marbles at random.
We have to calculate the probabilities that he picks the 3 red ones, given that she already picked the fluorescent pink.
If it is given that the fluorescent pink is already picked, we are left with three red marbles, four green ones, two yellow ones, and four orange ones. A total of 13 marbles.
The probability that the second marble is red is 3 in 13.
The probability that the third marble is also red is 2 (the red marbles that are left) in 12 (the total amount of marbles left), as there is a picking without replacement.
The probability that the fourth marble is 1 in 11.
Then, the probability that the 3 red marbles are picked, is:
Answer:
Step-by-step explanation:
The center is (h, k)
r is the radius