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The Company A expects their production revenue in 2021 become RM250,500 with the overall fixed cost (FX) RM60,000 and variable cost (VC) RM100,000. The

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The Company A expects their production revenue in 2021 become RM250,500 with the overall fixed cost (FX) RM60,000 and variable cost (VC) RM100,000. The standard deviation of revenue, FC and VC are described in Table Revenue Fixed Cost Variable Cost Expected 250,500 61000 110000 St. Dev. 15500 4100 41000 If the distribution the simulation is assumed NORMAL, by using Monte-carlo method in excel: a. Calculate the expected profit in the first calculation. b. Identify the calculation of 700 iterations for Mean, Standard Deviation, minimal and maximal value. c. Calculate potential risk of loss for 700 iterations.

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