The expected value is $38.46.
The probability of drawing a 10 from any suit is 4/52. Multiply this by the earnings, 500:
4/52(500) = 2000/52 = 38.46
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The answer is 12,825 kg because if one car equals 1425 kg and a car carrier can hold 9 cars, then you just have to multiply 1425 by 9 to get 12,825
The total stockholders equity based on the information given will be $8285000.
<h3>How to compute the equity?</h3>
The stockholders equity will be calculated thus:
Common stock $4480000
Excess over par = $1152000
Paid in capital = $5632000
Sale of treasury = $224,000
Total paid in capital = $5856000
Retained earnings = $2,554,000
Total = $8,410,000
Less treasury stock = 125,000
Total stockholders equity = $8,410,000 - $125000
= $8285000
Therefore, the total stockholders equity based on the information given will be $8285000.
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