Suppose you toss a coin and will win $9 if it comes up heads. If it comes up tails, you toss again. This time you will receive $18 if it comes up heads. If it comes up tails, toss again. This time you will receive $36 if it is heads and nothing if it comes up tails. What is the mathematical expectation for this game?

True or false entrepreneurs try to meet the needs of the marketplace by supplying a service or product

Which of the following is true concerning the 5/5 lapse rule? a) the 5/5 lapse rule deems that a taxable gift has been made where a power to withdraw in excess of $5,000 or five percent of the trust assets is lapsed by the powerholder. b) the 5/5 lapse rule only comes into play with a single beneficiary trust. c) amounts that lapse under the 5/5 lapse rule qualify for the annual exclusion. d) gifts over the 5/5 lapse rule do not have to be disclosed on a gift tax return.

Zara, a global retail and apparel manufacturer based in spain that has successfully implemented this idea by having a continuous flow of new products that are typically limited in supply. zara has created a system that draws its clientèle into its stores, on average, 17 times per year as compared to 4 times per year for most stores. how is zara using it to gain competitive advantage? what specific technologies are used by zara to maintain this advantage over its competition?