2, 3, and 4 are the answers. <3
Answer:
Expected value of Total Sales projection is $23,115.
Explanation:
First of all we calculate expected sales projection by multiplying the probability with units, then multiply it to each unit price we will get the expected sales value of each outcome. Adding expected sales value of all outcomes, we will get the total expected sales value.
Outcome Probability Units Sales Volume Price Total Sales
P U V=P x U S TS=V x S
A 0.40 350 140 $21 $2,940
B 0.10 600 60 $30 $1,800
<u> C </u> 0.50 1,050 <u>525</u> $35 <u>$18,375</u>
Total <u>727</u> <u>$23,115</u>
Expected Total Sale projection is 727 units and value is $23,115
Answer:
544696816
Explanation:
544696816 shares of common stock were outstanding after the offering on the floor of the Securities and Exchange Commission (SEC).
Explanation:
We have to note an important point here is that, Smith has plan to sell fraudulent identification card through Jones and he has done only Oral agreement.
An oral agreement does not have a proof. Any oral agreement cannot be taken as a proof legally. There must be a proper written agreement required to prove the relationship. There are certain standard too in written agreement.
For Example, agreement written on a normal white paper cannot be accepted. The agreement should be legally signed according the bond paper provided and authorized by the Government.
Considering all the above discussion, Jones stands right.
Answer:
Georgeland has an absolute but not a comparative advantage in producing clothing.
Explanation:
Absolute advantage is defined as the ability of a firm to produce higher amounts of a product as a result of use of the same resources with other competitors. It is usually bad a result of more efficient production process.
Comparative advantage is the ability of a firm to produce goods at a lower opportunity cost. Therefore they are able to sell at lower price compared to competitors.
Georgeland can produce 18 units of clothe per year while Alland can produce 16 units per year, so Georgeland has absolute advantage.
In producing clothes Georgeland has opportunity cost of 36 units of food which is higher than that of Alland which is 32 units of food. So Georgeland does not have comparative advantage in producing clothes.
