subject
Business, 12.01.2020 15:31 lilbit404

Tom wants to avoid any accidents on the work floor of his factory. if an accident does occur, it would cost him $500,000 in damages. installing safety equipment would decrease the probability of an accident occurring from 20% to 10%. however, the equipment costs $20,000 to install. 10. what is his expected loss after installing the safety equipment

a. $20,000

b. $50,000

c. $100,000

d. $125,000

ansver
Answers: 3

Another question on Business

question
Business, 22.06.2019 03:10
Transactions that affect earnings do not necessarily affect cash. identify the effect, if any, that each of the following transactions would have upon cash and net income. the first transaction has been completed as an example. (if an amount reduces the account balance then enter with negative sign preceding the number e.g. -15,000 or parentheses e.g. (15, cash net income (a) purchased $120 of supplies for cash. –$120 $0 (b) recorded an adjustment to record use of $35 of the above supplies. (c) made sales of $1,370, all on account. (d) received $700 from customers in payment of their accounts. (e) purchased equipment for cash, $2,450. (f) recorded depreciation of building for period used, $740. click if you would like to show work for this question: open show work
Answers: 3
question
Business, 22.06.2019 22:30
Suppose that each country completely specializes in the production of the good in which it has a comparative advantage, producing only that good. in this case, the country that produces jeans will produce million pairs per week, and the country that produces corn will produce million bushels per week.
Answers: 1
question
Business, 22.06.2019 23:00
If the reserve requirement is 10 percent, what amount of excess reserves does a bank acquire when a business deposits a $500 check drawn on another bank?
Answers: 2
question
Business, 22.06.2019 23:40
Elite coffee and bakery, a café that offers a relaxing environment to enjoy quality coffees, teas, soups, and other menu items, has a poster in the front of its restaurants that reads, "we will always provide a quality product to our customers better meet the challenges of their day and always take the time to offer caring service one person at a time." this statement is elite's
Answers: 2
You know the right answer?
Tom wants to avoid any accidents on the work floor of his factory. if an accident does occur, it wou...
Questions
question
Mathematics, 06.01.2022 14:40
question
Social Studies, 06.01.2022 14:50
question
Mathematics, 06.01.2022 14:50
Questions on the website: 13722360