subject
Business, 28.11.2019 22:31 webbjalia04

Suppose you pay $3.00 to roll a fair die with the understanding that you will get back $5 (and your wager) for rolling a 5 or a 1, nothing otherwise. what are your expected net winnings, to the nearest cent?

ansver
Answers: 3

Another question on Business

question
Business, 21.06.2019 23:30
On september 12, ryan company sold merchandise in the amount of $5,800 to johnson company, with credit terms of 2/10, n/30. the cost of the items sold is $4,000. ryan uses the periodic inventory system and the net method of accounting for sales. on september 14, johnson returns some of the non-defective merchandise, which is restored to inventory. the selling price of the returned merchandise is $500 and the cost of the merchandise returned is $350. the entry or entries that ryan must make on september 14 is (are): multiple choice sales returns and allowances 490 accounts receivable 490 merchandise inventory 350 cost of goods sold 350 sales returns and allowances 490 accounts receivable 490 sales returns and allowances 500 accounts receivable 500 sales returns and allowances 490 accounts receivable 490 merchandise inventory 343 cost of goods sold 343 sales returns and allowances 350 accounts receivable 350
Answers: 1
question
Business, 22.06.2019 03:50
John is a 45-year-old manager who enjoys playing basketball in his spare time with his teenage sons and their friends. at work he finds that he is better able to solve problems that come up because of his many years of experience, but while on the court, he finds he is not as good keeping track of the ball while worrying about the other players. john's experience is:
Answers: 1
question
Business, 22.06.2019 10:30
How are interest rates calculated by financial institutions? financial institutions generally calculate interest as (1) interest or (.
Answers: 1
question
Business, 22.06.2019 17:00
Afinancing project has an initial cash inflow of $42,000 and cash flows of −$15,600, −$22,200, and −$18,000 for years 1 to 3, respectively. the required rate of return is 13 percent. what is the internal rate of return? should the project be accepted?
Answers: 1
You know the right answer?
Suppose you pay $3.00 to roll a fair die with the understanding that you will get back $5 (and your...
Questions
question
Mathematics, 01.12.2020 01:30
question
Mathematics, 01.12.2020 01:30
question
Mathematics, 01.12.2020 01:30
question
Mathematics, 01.12.2020 01:30
Questions on the website: 13722367