Sunday
April 20, 2014

Homework Help: finance

Posted by Mary on Thursday, May 26, 2011 at 1:25pm.

Austin Electronics expects sales next year to be at $900,000 if the economy is strong, $650,000 if the economy is steady, and $375,000 if the economy is weak. The firm believes there is a 15 percent probability the economy will be strong, a 60 percent probability of a steady economy, and a 25 percent probability of a weak economy. What is the expected level of sales for next year?

Answer this Question

First Name:
School Subject:
Answer:

Related Questions

finance - Austin Electronics expects sales next year to be at $900,000 if the ...
Maroeconomics - Question 02: Consider an economy described by the following ...
Finance - An income-producing property is priced at $600,000 and is expected to ...
Finance - What is the projects initial outlay? Should the project be accepted ...
history - What type of economy eventually led to the soviet union's collapse? 1...
Accounting - Assume that Hickory Company has the following data related to its ...
economics - use these data to compute accounts receivable turnover ratios and ...
BUSN - Assuming a tax rate of 30%, what is the EBIT and taxable income for the ...
Finance - If sales grew 20% from 10,000,000 to 12,000,000 and the discresinary ...
Finance - If sales grew 20% from 10,000,000 to 12,000,000 and the discresinary ...

Search
Members