The future value of $1,000 invested in an account with an APR of 7.5% for six years is $1,507.50.
The future value of $1,000 invested in an account with an APR of 7.5% for six years can be calculated using the formula: FV = PV * (1 + r) ^ n, where FV is the future value, PV is the present value, r is the annual interest rate, and n is the number of years.
In this case, PV = $1,000, r = 7.5%, and n = 6. Plugging these values into the formula, we get:
FV = $1,000 * (1 + 0.075) ^ 6
FV = $1,000 * 1.075 ^ 6
FV = $1,000 * 1.5075
FV = $1,507.50
Therefore, the future value an APR of 7.5% for six years is $1,507.50.
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Select the correct answer.
Kelly paid salary to her employees at the end of the month. What will be the journal entry for the given financial transaction?
A. Employee Account - Debit
Employee Account - Debit
B.
C. Salary Account - Debit
D. Salary Account - Debit
Cash Account - Credit
Kelly Account - Credit
Cash Account - Credit
Kelly Account - Credit
Reset
Next
Answer:
Explanation
Answer will be
C
Salary Account Debit
Cash Account Credit
what shows the notice about foreign employment
\(\large\huge\green{\sf{Question:-}}\)
what shows the notice about foreign employment\(\large\huge\green{\sf{ Answer:-}}\)
➡Foreign employment refers to being employed in a different country than that of a person's origin.
Blue, newspapers or professional journals; Red, personal contacts abroad; Green, recruitment websites.When Rosco was unable to pay the $1,000 he owed Lyden, Lyden agreed to let Rosco paint Lyden's house in payment. When Rosco finished painting Rosco's house, the original obligation was discharged by
Answer:
full (by painting his house)
Explanation:
When Rosco was unable to pay the $1,000 he owed Lyden, Lyden agreed to let Rosco paint Lyden's house in payment. When Rosco finished painting Rosco's house, the original obligation was discharged by full (by painting his house)
Reason -
(i.e. If Rosco is unable to pay $1000 then in that option he painted Lyden's house so he is discharged by painting his house )
After settling a legal dispute, Frank must chose one of two settlement
payment options. He can either receive an immediate lump sum payment of
$250,000, or he can receive an installment payment package with annual
payments of $25,500 spread out over a span of 10 years. Which would likely
be more beneficial to him, and why?
A. The installment package would be better because it would prevent
him from spending all of his money immediately.
B. The immediate payment would be better because it is more
money overall.
C. The immediate payment would be better because he could use the
money immediately to invest it in a safe, low return account.
D. The installment package would be better because he'll have more
money in 10 years than with the lump sum.
After settling a legal dispute, Frank must choose The immediate payment of $250,000, because it would be better as he could use the money immediately to invest it in a safe, low-return account. Therefore, option C is the correct option.
What is investing?
Investing or investment is a financial term. It is both a tool and a source to generate wealth and income. Investment means putting the money in respect of an object, as the value of the objects differs with time so the value of the money will also differ accordingly. This fact about investment makes it both, risky and profit-making at the same time.
Thus, after a legal dispute is resolved, Frank must select the $250,000 immediate payment because it would be preferable because he could use the money right away to invest it in a secure, low-return account. As a result, choice C is the best one.
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Explain how making this substitution affects each of the
following instructions:
add $9, $8, $7
sw $4,16($2)
beq $3, $11, exit ; the label "exit" corresponds to address
0x400BD000
The substitution of `$4` for `$5` affects each of the given instructions as explained below:
add $9, $8, $7Substituting `$4` for `$5` does not affect this instruction. It will still add the contents of registers `$8` and `$7`, then store the result in register `$9`.sw $4,16($2)This instruction will be affected by the substitution. `$4` will be stored at memory address `$2+16`, which is the same as `$2+0x10` in hexadecimal notation. Thus, `$5` will be stored at the memory location `$2+16` rather than `$2+20`.beq $3, $11, exit the label "exit" corresponds to address 0x400BD000This instruction will also be affected by the substitution. The label "exit" will correspond to memory address `0x400BD000`. Therefore, the instruction will compare the contents of registers `$3` and `$11`, and if they are equal, the program will branch to memory address `0x400BD000`. However, this address will not be the actual address of the exit label due to the substitution. Thus, the branch will go to a different memory address that corresponds to the new location of the exit label after the substitution has been made.
About SubstitutionSubstitution are goods that can be exchanged for other products. Substitute goods are goods that are the same as other products. In a sense, substitute goods can be an alternative to the main product you are looking for. This one element can be considered in business strategy. What is meant by substitution? Substitution is the process of replacing a language element by another element to produce a distinguishing element or to explain a certain element. Substitution has the same structural function as what it replaces and can be replaced by interpretation items.
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The difference between small business and entrepreneurship has nearly nothing to do with size and nearly everything to do with
O Capital
O competition
O number of employees
O characteristics
→
Answer: (1) Entrepreneurs are always looking for ways to make money while small business have the same goal but company owners also focus on maintaining their business income to pay for operating expenses.
(2) Entrepreneurs are more likely to take on debt than small business owners and typically have much higher risk tolerance. They are comfortable assuming larger uncertainties to pursue new ideas and opportunities
(3) Entrepreneurs are risk-takers while store owners are more conservative
(4) Entrepreneurs are future-oriented, while small business owners typically focus on the present.
Explanation:
In the second-stage allocation of overhead costs, we use ________ to assign costs to cost objects.
a. activity levels
b. activity rates
c. units
d. cost pools
In the second-stage allocation of overhead costs, we use activity rates to assign costs to cost objects. The correct option is b.
Activity rates are used in the second-stage allocation of overhead costs to assign costs to cost objects. Activity rates are calculated by dividing the total cost of an activity by the measure of activity (e.g. machine hours, direct labor hours, etc.) used to allocate the costs. This allows for a more accurate representation of the costs associated with a particular cost object.
For example, if the total overhead cost of an activity is $2,000 and the total cost driver associated with that activity is 200 units, then the activity rate is $10 per unit.
1. Calculate the total overhead cost for the activity.
2. Calculate the total cost driver associated with the activity.
3. Divide the total overhead cost by the total cost driver to obtain the activity rate.
4. Multiply the activity rate by the actual cost driver associated with a particular cost object to assign overhead costs.
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what is product placement
Answer: A practice in which manufacturers of goods or providers of a service gain exposure for their products by paying for them to be featured in movies and television programs.
Explanation:
Explanation:
Product placement Is where a company or seller places a product In a certain location so that the consumer Is more apt to buy that product, such as a candy bar or pack of gum near the cash register, leading the consumer to an impulse buy.
prime factorization of 1624
Answer:
1624 = 2, 4, 8, 7, 56, 29, 1624 divided by 2, 2, 2, 7, 29
Explanation:
start by dividing the number by the first prime number which is 2.and continue dividing. only can divide by prime numbers since it's prime factorization.
Allegra is an antihistamine and to create brand awareness it is offering people who request information about the product a cushion to use at their favorite sporting event. Its television ad shows a woman half-heartedly watching some sporting event. The voiceover asks if she is bored or congested. Next scene, the person is having a great time and is uncongested after taking Allegra. This use of the same promotional theme throughout a company's promotion is an example of how marketers use _________.
Integrated Marketing Communications (IMC).Integrated Marketing Communications is a strategic approach to marketing that involves coordinating all of a company's promotional activities to deliver a clear, consistent message to customers and other stakeholders.
This approach recognizes that customers are exposed to many different marketing messages and that companies need to use multiple channels and tactics to reach their target audience effectively.In the example you provided, Allegra is using a consistent promotional theme of addressing both boredom and congestion at sporting events throughout its marketing campaign. This theme is used in both the television ad and the offer of a cushion for use at sporting events, which helps to reinforce the message and create a stronger impression on potential customers. By using this consistent theme across different channels and tactics, Allegra is employing an integrated marketing communications strategy to increase brand awareness and encourage people to try its product.
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If you have $35 in your checking account and swipe your debit card for a $50 purchase WITH overdraft protection, what most likely happens? *
I will give u a Brainliest
According to the condition, it will happens you can make the purchase, but you will also be charged an overdraft fee.
What do you mean by overdraft protection?A checking account's overdrafts are covered via an agreement made with the bank or other financial institution known as overdraft protection. This service normally has a cost attached to it, usually up to a predetermined maximum.
Even if there isn't enough money in your bank account, overdraft protection ensures that transactions still go through. Checks, ATM withdrawals, and debit card transactions are typically covered by this insurance.
The recipient won't be aware of your low bank balance thanks to overdraft protection, which also ensures that urgent transactions go through.
Therefore, if you have $35 in your checking account and swipe your debit card for a $50 purchase with overdraft protection, it will happens you can make the purchase, but you will also be charged an overdraft fee.
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WILL CHOOSE BRANLIEST!!!!!
What is opportunity cost? (Select the best answer.)
the value of an investment opportunity when it's compared with all the other investments you've made in the past
the total amount of investments in a portfolio
the principal in an investment account
the value of an investment opportunity you pass up in order to take another investment opportunity
Answer:
The value of an investment opportunity you pass up in order to take another investment opportunity
Hope this helps plz mark me Brainliest
The value of an investment opportunity you pass up in order to take another investment opportunity is called as opportunity cost.
The price of a lost chance is called the opportunity cost. It is the worth of the next greatest chance that is passed up in favor of pursuing a certain course of action.
Opportunity cost is a word used in economics to describe how much something costs in relation to the alternative that is sacrificed. In other words, the opportunity cost is the value of the best alternative choice that is forfeited anytime you pick one option over another.
Opportunity cost is the value of alternative products or services you must forgo in order to purchase what you desire.
Thus, fourth is the correct option.
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the Kenyan government constructs a new intercity highway. As a result:
a) there is a movement down and to the right along the IS curve.
b) the IS curve shifts to the right
c) the IS curve shifts to the left
d) there is a movement down and to the right along the IS curve
The Kenyan government constructs a new intercity highway; as a result "the IS curve shifts to the right". Thus, the correct answer is option b) the IS curve shifts to the right.
When the Kenyan government constructs a new intercity highway, it is making an investment in infrastructure. This investment will increase the level of aggregate demand in the economy, as it will lead to an increase in spending on construction materials, labor, and other resources.
As a result, the IS curve, which represents the relationship between the real interest rate and the level of output in the economy, will shift to the right. This indicates that at any given interest rate, there is now a higher level of output in the economy.
Therefore, the correct answer is option b) the IS curve shifts to the right.
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3. A post closing trial balance includes the following except
a. Assets c. Equity
b. Liabilities d. Revenue
A post-closing trial balance includes the following except d. Revenue.
The post-closing trial balance is a financial report prepared after the closing entries have been made at the end of an accounting period. The purpose of this report is to verify that the accounts are balanced, and the total debits equal the total credits.
In a post-closing trial balance, you will find:
a. Assets: These are the resources owned by a company, such as cash, inventory, and property.
b. Liabilities: These are the obligations that a company owes to others, such as loans, accounts payable, and salaries payable.
c. Equity: This represents the ownership interest in a company, including common stock, retained earnings, and additional paid-in capital.
However, you will not find:
d. Revenue: This is because revenue accounts are temporary accounts that have been closed at the end of the accounting period. Revenue represents the income generated from business operations, such as sales or service fees. Since these accounts are closed to the income summary and ultimately to the retained earnings account, they do not appear on the post-closing trial balance.
In summary, the post-closing trial balance includes assets, liabilities, and equity accounts to confirm that the debits and credits are balanced, while excluding temporary accounts like revenue. The correct option is d. revenue.
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how much would a person have in savings if he kept $500 on deposit for 8 years at 8 percent, compounded semiannually?
The person would have $909.49 in savings after 8 years if he kept $500 on deposit at an interest rate of 8 percent, compounded semiannually. Interest is also earned on savings and other deposits, in this case, it is called as "interest income".
Interest is a fee paid by a borrower to a lender for the use of money. It is the cost of borrowing money, usually expressed as a percentage of the amount borrowed. The percentage rate is typically annualized, meaning it is the rate of interest charged over the course of a year. The formula for calculating compound interest is:
A = \(P(1 + r/n)^(^n^t^)\)
where
A = the future value of the investment/loan, including interest
P = the principal investment amount (the initial deposit or loan amount)
r = the annual interest rate (decimal)
n = the number of times that interest is compounded per unit t
t = the number of years the money is invested or borrowed for
Here,
P = $500
r = 8% = 0.08
n = 2 (semiannually)
t = 8
so
A = $500 * (1 + 0.08/2)^(2*8)
A = $500 * (1.04)^16
A = $500 * 1.8189894354067
A = $909.49
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Budget provides the financial status of the government in detail. Explain it
Answer:
The budget is a central policy document of government, showing how it will prioritise and achieve its annual and multi-annual objectives. Apart from financing new and existing programmes, the budget is the primary instrument for implementing fiscal policy, and thereby influencing the economy as a whole.
Help me ITs EASY TAKE A LOOK
Answer:
a) Employees (Staff)
Chief Executive officer (Owner)
b) Government
Share holders
To file your federal and state taxes you ____________?
a)must prepare different forms for each type of government (if your state requires it)
b)can use tax preparation software for federal taxes, but can't for state taxes
c)must prepare the same tax forms for both
d)can use tax preparation software for state taxes, but can't for federal taxes
Answer:
a)must prepare different forms for each type of government (if your state requires it)
Explanation:
Federal is the same for everyone, state is dependent for which state you live and work in. B and C are wrong because you can use tax preparation software for both Federal and state.
To file your federal and state taxes you should: a. prepare different forms for each type of government (if your state requires it)
Recall:
Preparing of tax returns for federal and states is done using different forms as it applies to your state.There are tax preparation software that can be used whether federal or state tax. Examples of tax preparation software are Credit Karma Tax, Jackson Hewitt, TaxSlayer, among others.Therefore, to file your federal and state taxes you should: a. prepare different forms for each type of government (if your state requires it)
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Which is an example of a small business showing social responsibility to individuals within the company?
A. starting an office recycling program
B. developing sustainable business practice
C. donating money to local organizations
D. allowing employees to work from home
Starting an office recycling program, developing sustainable business practice and donating money to local organizations are examples of a small business showing social responsibility to individuals within the company.
Company have a social responsibility to the communities in which they operate. This includes ensuring that they are good corporate citizens, providing support for local causes and charities, and protecting the environment.
Sustainable business is a term that is often used to describe businesses that are environmentally friendly or that have a positive social impact.
Hence, the correct options are "A, B & C".
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The U.S. Armed Forces will provide financial aid if you haven't served in exchange for
The U.S. Armed Forces will provide financial aid if someone hasn't served, in exchange for a grant after their enlistment.
What is a financial aid?A help or support granted to people or groups of people for a predefined purpose without any intention of gaining any monetary returns over such grants is known as a financial aid.
In case of the U.S. Armed Forces, a person is entitled to receive such financial aid in case they have not served in exchange for their enlistment in the records.
Hence, option C holds true regarding financial aid.
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in what tax year can taxpayers expect to receive reporting documents, such as form 1099-b, proceeds from broker and barter exchange transactions, for digital assets?
Tax payer can expect to receive reporting documents, such as Form 1099-B, Proceeds From Broker and Barter Exchange Transactions, for digital assets in Tax Year 2023. (Option C).
What is Form 1099-B About?The 1099-B can be used to address capital gains and losses on your tax return. A profit from the selling of an object for more than you bought for it is typically regarded as a capital gain and may be taxed. It's also true in the other direction: if you sell something for less than you paid for it, you can have a capital loss that you might use to reduce your taxable capital gains or other income.
The usual method for paying capital gains taxes is to include Schedule D with your income tax return.
If required, the data from Form 1099-B can be used to complete Schedule D and Form 8949.
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Complete Question Below:
In what tax year can taxpayers expect to receive reporting documents, such as Form 1099-B, Proceeds From Broker and Barter Exchange Transactions, for digital assets?
A)Tax Year 2021.
B) Tax Year 2022.
C)Tax Year 2023.
D) Tax Year 2024.
Correct Answer: Option C
Eric, after listening to you talk about surpluses, investing and being smart with money, is thinking about how much he would save in interest on his car loan if he paid $50 dollars extra each time he paid his car note. To get this information, eric would need what type of schedule to show him the impact of his extra payments?.
Eric needs an amortization schedule to show him the impact of his extra payments.
Explain amortization schedule.A table that displays a mortgage's regular payments over time is called an amortization schedule. You can keep track of how much is still owed on your mortgage and determine how much goes to interest by using a mortgage amortization plan.
Amortization is the process of repaying debt in a series of regular payments. Each payment has a principal portion that goes toward the loan balance and an interest portion. The amount put toward the principal increases progressively month after month as the debt amortizes. You can see how much money you pay in principal and interest over time in an amortization schedule.
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Frank is an employee of guitar makers, llc. guitar's employee manual states that workers, such as frank, will be dismissed only for good cause. with respect to the employment-at-will doctrine, this is
Answer: An exception based on contract theory.
Explanation:
Contract theory is an agreement reached by two parties over a set of deal to be entered, these negotiation met guides what the agreement is all about, violators of the agreement would attract extra bodies(Law makers) to come into their decision. At Ilc, if the guitar producers only release their workers based on good cause, it's seen as a contract theory, based on what both parties agreed.
With the help of online research, write a short report on “glocalization.”
The phenomena of Glocalization, which is best described as Thinking Globally, Acting Locally, is created when the two terms of globalisation and localization are combined.
To put it more properly, we may say that although if a single brand is produced, sold, and distributed globally, it is nevertheless personalised and customised to suit the tastes and preferences of customers in the many global marketplaces.
It is carried out since each region of the world has its own unique culture, linguistic preferences, demands, and desires.
By adjusting their offerings and products to meet the needs of that specific market, businesses may effectively position and place their items, resulting in high revenues and devoted customers.
The following are all global brands, although they cater to the demands of their customers in various parts of the world while selling items.
Chips by Lays (They sell different flavours in different parts of the world, according to the taste preference and eating habits of that country).
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Which of the following is NOT one of the four components of the business process
Answer:
mark me as the brainliest plss
Question 2(Multiple Choice Worth 5 points)
(02.06 MC)
In general, what kind of people earn the most money?
O People with skills that are in high demand and high in supply
O People with skills that are in high demand but low in supply
O People with skills that are in low demand and low in supply
People with skills that are in low demand but high in supply
Disadvantages of choosing a job that is extremely popular or in demand
The disadvantage of choosing a job that is very popular or a job that is in high demand is that after a while such a job may become saturated or it would become monotonous.
What is a high demand job?This is the term that is used to refer to a job that the people that wpould employ labor are constantly in need of. Such a job is one that would require the people that have the qualification to opt in and get the places and the roles that they are to fill.
The issues that may arise from such a job that is in high demand is that after a period, such a job may have a lot of persons that would want to fulfil the role.
The number of qualified persons may become more than the job that is available for the people to do in the long run.
Hence this is a disadvantage. Therefore I would conclude by saying that the disadvantage of choosing a highly popular job is that the number of persons that are willing to fulfil the role may exceed the job overtime.
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ONE TWO THREE FOUR _______________.
Answer:
I declare a thumb war?
Explanation:
Answer:
5
Obviously it’s 5 your welcome
What is the difference between a total and a subtotal?
Explanation:
SUB-TOTAL:
The total for a part of a list of numbers being summed.
TOTAL:
An amount obtained by addition of smaller amounts.
Answer:
subtotal is all the different parts being added together from different list.
total is the all items being added together plus tax.
Explanation:
Petal Providers Corporation opens and operates "mega" floral stores in the United States. The idea behind the superstore concept is to model the U.S. floral industry after its European counterparts, whose flower markets generally have larger selections at lower prices. Revenues were $1 million with net profit of $50,000 last year when the first Petal Providers floral outlet was opened. If the economy grows rapidly next year, Petal Providers expect its sales to grow by 50 percent. However, if the economy exhibits average growth, Petal Providers expects a sales growth of 30 percent. For a slow economic growth scenario, sales are expected to grow next year at a rate of 10 percent. Management estimates the probability of each scenario occurring to be rapid growth (0.30), average growth (0.50), and slow growth (0.20). Petal Providers’ net profit margins are also expected to vary with the level of economic activity next year. If slow growth occurs, the net profit margin is expected to be 5 percent. Net profit margins of 7 and 10 percent are expected for the average-and-rapid-growth scenarios, respectively.
Estimate the average sales growth rate for Petal Providers for next year.
Estimate the dollar amount of sales expected next year under each scenario, as well as the expected value sales amount.
Estimate the dollar amount of net profit expected next year under each scenario, as well as the expected value net profit amount.
The expected value of net profit for Petal Providers next year is $101,500.
The average sales growth rate for Petal Providers next year, the Probabilities and sales growth rates provided for each economic cenario. The formula to calculate the average growth rate is:
Average Growth Rate = (Probability of Rapid Growth × Sales Growth Rate in Rapid Growth) + (Probability of Average Growth ×Sales Growth Rate in Average Growth) + (Probability of Slow Growth × Sales Growth Rate in Slow Growth)
Using the given values:
Probability of Rapid Growth = 0.30
Probability of Average Growth = 0.50
Probability of Slow Growth = 0.20
Sales Growth Rate in Rapid Growth = 50%
Sales Growth Rate in Average Growth = 30%
Sales Growth Rate in Slow Growth = 10%
Average Growth Rate = (0.30 × 50%) + (0.50 × 30%) + (0.20 × 10%)
= 0.15 + 0.15 + 0.02
= 0.32 or 32%
Therefore, the estimated average sales growth rate for Petal Providers next year is 32%.
1.The dollar amount of sales expected next year under each scenario, as well as the expected value sales amount.
Now let's calculate the dollar amount of sales expected next year under each scenario, as well as the expected value sales amount:
Scenario: Rapid Growth
Sales Growth Rate: 50%
Expected Sales = Revenues × (1 + Sales Growth Rate) = $1,000,000 ×(1 + 50%) = $1,500,000
Scenario: Average Growth
Sales Growth Rate: 30%
Expected Sales = Revenues × (1 + Sales Growth Rate) = $1,000,000 × (1 + 30%) = $1,300,000
Scenario: Slow Growth
Sales Growth Rate: 10%
Expected Sales = Revenues × (1 + Sales Growth Rate) = $1,000,000 × (1 + 10%) = $1,100,000.
2.The dollar amount of sales expected next year under each scenario, the expected value sales amount.
Now let's estimate the dollar amount of net profit expected next year under each scenario, as well as the expected value net profit amount:
Scenario: Rapid Growth
Net Profit Margin: 10%
Expected Net Profit = Expected Sales × Net Profit Margin = $1,500,000 × 10% = $150,000
Scenario: Average Growth
Net Profit Margin: 7%
Expected Net Profit = Expected Sales ×Net Profit Margin = $1,300,000 ×7% = $91,000
Scenario: Slow Growth
Net Profit Margin: 5%
Expected Net Profit = Expected Sales × Net Profit Margin = $1,100,000 × 5% = $55,000
Expected Value Net Profit Amount = (Probability of Rapid Growth × Expected Net Profit in Rapid Growth) + (Probability of Average Growth ×Expected Net Profit in Average Growth) + (Probability of Slow Growth ×Expected Net Profit in Slow Growth)
= (0.30 × $150,000) + (0.50 × $91,000) + (0.20 ×$55,000)
= $45,000 + $45,500 + $11,000
= $101,500
3.The dollar amount of net profit expected next year under each scenario, as well as the expected value net profit amount.
Expected Value Sales Amount = (Probability of Rapid Growth ×Expected Sales in Rapid Growth) + (Probability of Average Growth × Expected Sales in Average Growth) + (Probability of Slow Growth × Expected Sales in Slow Growth)
= (0.30 × $1,500,000) + (0.50 × $1,300,000) + (0.20 × $1,100,000)
= $450,000 + $650,000 + $220,000
= $1,320,000
Therefore, the expected value of sales for Petal Providers next year is $1,320,000.
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