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:
the ans is 9000
Step-by-step explanation:
simple interest=<em> </em><em>6</em><em>0</em><em>0</em><em>0</em><em>0</em><em>*</em><em>3</em><em>*</em><em>5</em><em>/</em><em>1</em><em>0</em><em>0</em>
A. $0.08 per ounce
Price divided by ounces gives you the unit price.
$9.60/120 ounces = $0.08/ounce
57 dollars is the total with the discount