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Delicious77 [7]
4 years ago
10

You have a project that costs $750000. It has a 0.30 chance of paying off $3 million and a 0.70 chance of paying off nothing. Wh

at is the expected profit from the new project?
Business
1 answer:
Lunna [17]4 years ago
5 0

Answer:

10 million

sorry if im wrong

Explanation:

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Bobby is part of the marketing team of a company that sells various Bluetooth devices. The target customers for this product bel
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Explanation:

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Andersen's Nursery has sales of $318,400, costs of $199,400, depreciation expense of $28,600, interest expense of $1,100, and a
CaHeK987 [17]

Answer:

$34,645

Explanation:

Given that,

sales = $318,400

costs = $199,400

depreciation expense = $28,600

interest expense = $1,100

Tax rate = 35 percent

Dividends paid = $23,400

Profit before tax:

= Sales - cost - Depreciation - Interest

= $318,400 - $199,400 - $28,600 - $1,100

= $89,300

Profit after tax:

= Profit before tax (1 - Tax rate)

= $89,300 (1 - 0.35)

= $89,300 × 0.65

= $58,045

Therefore, the addition to retained earnings

= Profit after tax - Dividend paid

= $58,045 - $23,400

= $34,645

6 0
3 years ago
How do changing prices affect supply and demand
DaniilM [7]

Answer:

If there is a decrease in supply of goods and services while demand remains the same, prices tend to rise to a higher equilibrium price and a lower quantity of goods and services. ... However, when demand increases and supply remains the same, the higher demand leads to a higher equilibrium price and vice versa.

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