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
Answer:
9
Step-by-step explanation:
Answer:
0.05 AU corresponds to the 0.0769 Inches(<em>This calculation is not possible in real time world)</em>
Step-by-step explanation:
Given:
0.65 corresponds to 1 inch
To Find:
0.05 AU corresponds to how many inches.
Solution:
<em>The AU is astronomical unit which is preferred as the mean distance between earth and sun.</em>
<em>AU is too big unit and used in space distance calculation.</em>
But here for mathematical calculation,
0.65 AU corresponds to 1 inch
then 0.05 AU corresponds to x inch(es)
Now cross multiplying the quantities we get ,
0.65x=0.05*1
x=0.05/0.65
x=0.0769 inches corresponds to 0.05 AU
(Preferred for this example only)
<em>(Remember that this calculation is hypothetical and practically incorrect to use it).</em>
<em />
Answer:
the closests if 43 multiply by 25
Step-by-step explanation:
