(1) The table below is a probability distribution of a potential quantity of sales of Gourmet sausages during a game. John Bull has to pay a concession fee of $200 to receive a permit to sell sausages at the stadium. Gourmet sausages can be bought at wholesale for $2.00 and sold in the stadium for $3.50 each. Unsold sausages cannot be returned. Given the probability distribution: a. How many sausages should John Bull expect to sell? b. How many sausages should John Bull purchase? Gourmet sausages can only be purchased in batches of 50 units as indicated in the probability distribution. SALES Probability 100 0.05 150 0.06 200 0.10 250 0.20 300 0.25 350 0.30 400 0.04 (2) John approached you with a business proposition to invest in a project. The Annual Cash Flows (CFt) are uncertain. However, the following probability distribution provides you with expectations: Probable Probability P(CF) Cash Flow (CF) $80,000 .25 $120,000 .65 $150,000 .10 a. What is the expected Annual Cash Flow from this project? b. If the cash flows are expected for three years and the current rate of return on investments is 9.5%, what is the expected Present Value of the projected cash flows? c. Would you agree to invest $275,000 in this project? Explain!!! Your company is considering two products for a new market. The probability distribution for the demand for the two products is presented in the table below. Q(A) and Q(B) are the possible quantities of each product that could be sold. P(A) and P(B) are the probabilities of selling the corresponding quantities. (3) Q(A) P(A) Q(B) P(B) 10000 0.15 10000 0.25 30000 0.20 30000 0.30 50000 0.40 50000 0.35 60000 0.25 60000 0.10 You have the following additional information: The projected selling price for DESIGN "A" is $60. The fixed cost of its production is$75,000. Its variable cost is $35 a unit. The selling price for DESIGN "B" is $80. Its fixed cost of production is $110,000. The variable cost of production is $48 a unit. Which project is expected to be more profitable? bbhosted.cuny.edu + IE Ins... Ma... Bb Take Te... SO... B Sp... ch... co... Mo... Gmi... GO W... M (3... M... Pr.. M (4,... (3... DISCUSSIONIS Instructions About Your Instructor My Grades Timed Test This test has a time limit of 3 hours.This test will save and submit automatically when the time expires. Warnings appear when half the time, 5 minutes, 1 minute, and 30 seconds remain. Multiple Attempts Not allowed. This test can only be taken once. Force Completion Once started, this test must be completed in one sitting. Do not leave the test before clicking Save and Submit. Tools Collaborate Remaining Time: 2 hours, 44 minutes, 57 seconds. SPS Question Completion Status: Tutoring Program Contacts Library Website Academic Integrity QUESTION 1 20 points Saved Academic Resources Services for Students Financial Information Solve the simultaneous equations in a and b. If the equation has no solutions, please explain why: a. X + 3y = 5 and 2x + 3y = 4 b. 3x – 2y = 5 and - 9x + y = -15 = CUNY SPS Help Desk = c) There were 130 faculty at a conference. If there were 18 more women than men attending, how many of each gender attended the conference? d) If an investor invests $23,000 into two bonds, one that pays 4% in simple interest, and the other paying 2% simple interest, and the investor earns $710.00 annual interest, how much was invested in each account? For the toolbar, press ALT+F10 (PC) or ALT+FN+F10 (Mac). TT T F Paragraph 4 Arial 4 (14pt) - E-T % DOO T T 1 fx Mashups ABC HTML CSS Answer:(-1,2) B. Path: P Words:17 Save All Answers Save and Submit bbhosted.cuny.edu 13 Instagram Stick... Mail - Sierra Bla... Bb Take Test: XFN... SOLUTION: Sta... Chapter 2 Conti... contingency ap... Brooklyn Nets... Who Are the Br... G Science project... Remaining Time: 1 hour, 55 minutes, 00 seconds. Question Completion Status: Path: P Words:18 QUESTION 4 20 points Save Answer You have below in a table the frequency distribution of the waiting time of customers at a sandwich shop. Using the information: a. calculate the Average (Mean) and b. Standard Deviation of the waiting time for customers at this shop Wait Time Customers 18 160 26 275 39 175 45 140 Arial 3 (12pt) III T >> Τ Τ Τ Τ Paragraph % DOO fx Mashups 1" НІ UM T T 11 | . HTML [55 Path:p Words:0 QUESTION 5 20 points Save Answer Va..hahala...atalana f:.actua...na nata.nat.. mautfaliaficcatenta Tinichafuatiaihatan. LI Save All Answers Save and Submit bbhosted.cuny.edu 13 Instagram Stick... Mail - Sierra Bla... Bb Take Test: XFN... SOLUTION: Sta... Chapter 2 Conti... contingency ap... Brooklyn Nets... Who Are the Br... G Science project... Remaining Time: 1 hour, 48 minutes, 44 seconds. Question Completion Status: Path: P Words:0 QUESTION 5 20 points Save Answer You have below a table on the amount of investment and the average Rate of Return on a portfolio of investments. Using the information in the table, prepare a table showing: a. The share of the total asset for each investment (A, B, C & D) b. What is the weighted average Rate of Return of the portfolio of investments? Investment Amount Rate of (1) Invested Return (K) A $55,000 6.5% B $85,000 7.4% с 8.2% $110,000 $140,000 D 9.5% III T For the toolbar, press ALT+F10 (PC) or ALT+FN+F10 (Mac). T T T F Paragraph – Arial 3 (12pt) % DOO T T fx Mashups 1 « - 0 % RE C HTML CSS . HD Path:p Words:0 Save All Answers Save and Submit
Purchase answer to see full attachment