Organizers of an outdoor summer concert in toronto are concerned about the weather conditions on the day of the concert. they will make a profit of $33,000 on a clear day and $15,000 on a cloudy day. they will make a loss of $7,000 if it rains. the weather channel has predicted a 52% chance of rain on the day of the concert. calculate the expected profit from the concert of the likelihood is 11% that it will be sunny and 37% that it will be cloudy.

Analyzing operational changes operating results for department b of delta company during 2016 are as follows: sales $540,000 cost of goods sold 378,000 gross profit 162,000 direct expenses 120,000 common expenses 66,000 total expenses 186,000 net loss $(24,000) suppose that department b could increase physical volume of product sold by 10% if it spent an additional $18,000 on advertising while leaving selling prices unchanged. what effect would this have on the department's net income or net loss? (ignore income tax in your calculations.) use a negative sign to indicate a net loss answer; otherwise do not use negative signs with your answers. sales $answer cost of goods sold answer gross profit answer direct expenses answer common expenses answer total expenses answer net income (loss) $answer