Jane Linden is negotiating with James Paul to buy his 2012 Mini-Cooper. The following excerpts from letters have
occurred so far:
Jane: "I would be interested in purchasing your Mini-Cooper."
James: "I am thinking of selling my Mini-Cooper."
Jane: "I am considering selling my diamond tennis bracelet to buy your Mini-Cooper."
Which of the following statements is true?
a. James and Jane have a contract to sell the Mini-Cooper.
b. James and Jane do not have a contract to sell the Mini-Cooper.

Suppose someone wants to sell a piece of land for cash. the selling of a piece of land represents turning

Franklin painting company is considering whether to purchase a new spray paint machine that costs $4,800. the machine is expected to save labor, increasing net income by $720 per year. the effective life of the machine is 15 years according to the manufacturer’s estimate. required determine the unadjusted rate of return based on the average cost of the investment.

For a multistate lottery, the following probability distribution represents the cash prizes of the lottery with their corresponding probabilities. complete parts (a) through (c) below. x (cash prize, $) p(x) grand prizegrand prize 0.000000008860.00000000886 200,000 0.000000390.00000039 10,000 0.0000016950.000001695 100 0.0001582930.000158293 7 0.0039114060.003911406 4 0.0080465690.008046569 3 0.012865710.01286571 0 0.975015928140.97501592814 (a) if the grand prize is $13 comma 000 comma 00013,000,000, find and interpret the expected cash prize. if a ticket costs $1, what is your expected profit from one ticket? the expected cash prize is $nothing.