Answer:
c. $100,000
Step-by-step explanation:
Calculation of the expected net profit of Ephemeral services corporation
Since we are been told that 9 other companies besides esco are as well bidding for the $900,000 government contract, it means we have to find the expected net profit by dividing 1 by 9×$900,000 .Thus ESCO can only expect to cover its sunk cost.
Hence ,
E(X) = (1/9) × $900,000
E(X)=0.111111111×$900,000
E(X)= $100,000
Therefore the expected net profit would be $100,000
75% of of the number 124 is 93
Answer:
-32
Step-by-step explanation:
10–{22–[(−9)+(−11)]}
Work inside out
10–{22–[(-20)]}
Subtracting a negative is adding
10–{22+20}
10 - 42
-32