You have $1000 and a certain commodity presently sells for $2 per ounce. Suppose that after one week the commodity will sell for either $ 1 or $ 4 an ounce, with these two possibilities being equally likely. If your objective is to maximize the expected amount of money that you possess at the end of the week, what strategy should you employ?

Motonous corporation has completed its fiscal year and reported the following information. the company had current assets of $153,413, net fixed assets of $ 412,331, and other assets of $7,822. the firm also has current liabilities worth $65,314, long-term debt of $178,334, and common stock of $162,000. how much retained earnings does the firm have?

Suppose you invest $2250 in a cd that earns 3% apr and is compound quarterly. the cd matures in 2 years. how much will this cd be worth at maturity

Spartan systems reported total sales of $500,000, at a price of $20 and per unit variable expenses of $13, for the sales of their single product. total per unit sales $500,000 $20 variable expenses 325,000 13 contribution margin 175,000 $7 fixed expenses 120,000 net operating income $55,000 what is the amount of contribution margin if sales volume increases by 30%?