Answer:
The expected profit from the addition is $47,000
Explanation:
Total Addition can be calculated by netting expected values of all situations as follow:
Expected value = %Chance x additional Profit/loss
i Expected profit = 50% x $100,000 = $50,000
ii Expected profit = 30% x $0 = $0 (Profit is same there is no addition)
iii Expected profit = 20% x ($15,000) = ($3,000)
The expected profit from the addition = $50,000 + ($3,000) = $47,000
Answer:
Max may be able to sue a Sal for infliction of emotional distress.
Explanation:
When a person causes distress to another individual is known as inflicting emotional distress, this act can be intentionally or unintentionally. Inflicting emotional distress can result in intense emotions that will result in anxiety and stress in people affected.
The infliction of emotional anguish is an act judged by the law for the emotional damage that it causes to the affected person, despite the absence of physical or material damage; currently, the courts take into account emotional suffering as a grievance towards the person.
For example, in the case of Max he can sue Sal for the emotional damage he caused when he received the mail informing the death of his wife, Sal was committing the act intentionally, since she knew it was not true, whereby Sal can be tried by a court if Max files the lawsuit for inflicting emotional distress.
<em>I hope this information can help you. </em>
The minimum amount that you will accept today if you are to select the lump sum offer is $11,324.66.
<h3>What is the present value of the cash flows?</h3>
The minimum amount that you will accept today if you are to select the lump sum offer is known as the present value of the cash flows. Present value is the sum of discounted cash flows.
Present value = ($4000 / 1.097) + ($4500 / 1.097²) + ($5200 / 1.097³) = $11,324.66
To learn more about present value, please check: brainly.com/question/26537392
I believe the answer to this is Pierce.
