Answered step by step

Verified Expert Solution

Link Copied!

Question

1 Approved Answer

Posted on Sep 13, 2024

Manuela is considering starting a company. She estimates a 10% chance of earning $1000000; 40% chance of earning $1000000 and 50% chance of loosing her

Manuela is considering starting a company. She estimates a 10% chance of earning $1000000; 40% chance of earning $1000000 and 50% chance of loosing her $50000 investment. What's the expected value of her business

Step by Step Solution

There are 3 Steps involved in it

Step: 1

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

Step: 3

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Contemporary Sport Management

Authors: Paul M. Pedersen, Lucie Thibault

7th Edition

1718202997, 978-1718202993

More Books

Students also viewed these General Management questions

Question

★★★★★

Mr. Art Deco will be paid $100,000 one year hence. This is a nominal flow, which he discounts at an 8% nominal discount rate: PV = 100,000/1.08 = 5 $92,593 The inflation rate is 4%. Calculate the PV...

Answered: 1 week ago

Question

★★★★★

In 2006, 9.8% of all U.S. families had incomes below the poverty level, as reported by the U.S. Census Bureau in American Community Survey. During that same year, of 400 randomly selected Wyoming...

Answered: 1 week ago

Question

★★★★★

=+4. Think of the most traumatic events you have experienced. How have you rehearsed and elaborated upon memories about these events?

Answered: 1 week ago

Question

★★★★★

The following information relates to Glassworks Ltds inventory transactions during the month of July All of the units sold were priced at $20 per unit. Required: a. Glassworks Ltd. uses the perpetual...

Answered: 1 week ago

Question

★★★★★

Answered: 1 week ago

Question

★★★★★

Multiple choice (5 pts each) (highlight or clearly mark your answer) 1.Land is purchased by a business for $100,000. The company pays for the land by a cash payment of $20,000 and promised to pay the...

Answered: 1 week ago

Question

★★★★★

Henrik is stopped behind another vehicle at an intersection. The light turns green, and he waits 3-4 seconds before accelerating. Why should he do this? a) It puts adequate following distance between...

Answered: 1 week ago

Question

★★★★★

The workplace practice of referring to your boss by his or her first name describes which of the following cultural characteristics? Collectivism Long-term orientation Individualism Low power...

Answered: 1 week ago

Question

★★★★★

To develop the agile capability for an organization s supply chain, they must start from within. Often centralized operations need to be decentralized to cut bureaucracy to respond to local...

Answered: 1 week ago

Question

★★★★★

Question 4. Fashion Extended bought some inventory from Calvin Klein in 2020 for $540,000 on credit terms and paid for the inventory in 2021. In 2021 Fashion Extended sold $315,200 of the inventory...

Answered: 1 week ago

Question

★★★★★

.80 80 Create the part shown in the orthographic multi-view drawing. Verify that you have the mass correct, then input the SURFACE AREA below. Units: IPS Part Origin: Arbitrary Material: ABS Mass:...

Answered: 1 week ago

Question

★★★★★

Locus of control: the extent to which employees feel they have sufficient control of their environment in order to benefit from performance-related pay;

Answered: 1 week ago

Question

★★★★★

Individualismcollectivism: the extent to which rewards are distributed on the basis of individual performance;

Answered: 1 week ago

Question

★★★★★

Ascriptionachievement status: the extent to which it is appropriate to reward ascribed status or achievement in the job;

Answered: 1 week ago

Previous Question Next Question