An investor considers investing $13,000 in the stock market. He believes that the probability is 0.24 that the economy will improve, 0.41 that it will stay the same, and 0.35 that it will deteriorate. Further, if the economy improves, he expects his investment to grow to $17,000, but it can also go down to $9,000 if the economy deteriorates. If the economy stays the same, his investment will stay at $13,000. What is the expected value of his investment

Xinhong company is considering replacing one of its manufacturing machines. the machine has a book value of $39,000 and a remaining useful life of 5 years, at which time its salvage value will be zero. it has a current market value of $49,000. variable manufacturing costs are $33,300 per year for this machine. information on two alternative replacement machines follows. alternative a alternative b cost $ 115,000 $ 117,000 variable manufacturing costs per year 22,900 10,100 1. calculate the total change in net income if alternative a and b is adopted. 2. should xinhong keep or replace its manufacturing machine

Upon completion of the northwest-corner rule, which source-destination cell is guaranteed to be occupied? a. top-leftb. the cell with the lowest shipping costc. bottom-leftd. top-righte. bottom-right

Only the united states has embassies. true or false