(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