General tin (gt) is worried that its mine in peru will be expropriated during the next 12 months. the peruvian government has promised, however, to pay compensation of $15 million at the year's end if it expropriates the mine. gt believes that this promise would be kept. if expropriation does not occur this year, it will not occur anytime in the foreseeable future. the mine is expected to be worth $50 million at the end of the year. a wealthy peruvian has just offered gt $19 million for the mine today. if gt's risk adjusted discount rate is 22%, what is the probability of expropriation at which gt is just indifferent between selling now or holding on to its mine?

Juniper company uses a perpetual inventory system and the gross method of accounting for purchases. the company purchased $9,750 of merchandise on august 7 with terms 1/10, n/30. on august 11, it returned $1,500 worth of merchandise. on august 26, it paid the full amount due. the correct journal entry to record the merchandise return on august 11 is:

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Lucido products markets two computer games: claimjumper and makeover. a contribution format income statement for a recent month for the two games appears below: claimjumper makeover total sales $ 30,000 $ 70,000 $ 100,000 variable expenses 20,000 50,000 70,000 contribution margin $ 10,000 $ 20,000 30,000 fixed expenses 24,000 net operating income $ 6,000 required: 1. compute the overall contribution margin (cm) ratio for the company.. 2. compute the overall break-even point for the company in dollar sales. 3. complete the contribution format income statement at break-even point for the company showing the appropriate levels of sales for the two products. (do not round intermediate calculations.)