Baby Pty Ltd. is planning to launch a new brand of makeup product. Based on market research, if sales are high they can make a profit of $3.3 million per year. If sales are 'so so' they can make a profit of $2.3 million per year. Finally, if sales are low they can lose $1.35 million per year.  The probability that sales will be high is 0.55. The probability that sales will be 'so so' is 0.15. Calculate the expected profit for the product (in $ millions per year) to two decimal places.

The producer needed a total of ₱100 for the expenses. How much should he sell the product if he wants to gain 25% profit

The probability is .99 that a 30-year-old man will survive one year. An insurance company offers to sell a man P150,000.00 one-year term life insurance policy at a premium of P2,200.00. What is the company’s expected gain?

A small regional retailer is looking for ways to increase profits. Given its impressive record of growth, the sales and marketing vice president wants to target a 8% increase in sales to meet the profitability goals. The company currently has revenues of $34,000,000 (annually), spends 50% of its revenues on purchases, and has a net profit margin of 2.75%.You are a buyer working for this company and you want to show the vice president that it may be easier to reach the profitability goals by lowering purchasing expenses.If the company achieves its revenue growth target of 8%, by how many dollars would revenue increase? (Display your answer as a whole number.)   Assuming that revenues stayed flat (meaning the company did not try to increase sales by the 8 percent target), by what percentage would they have to decrease purchasing expenses to equal the increased profit that would have come from a 8 percent increase to revenues? (Write your answer as a percentage, and display your answer to two decimal places.)   %Note:  This question is to stretch your mind a bit and to show how much more, on a percentage basis, sales must increase in order to equal the bottom-line benefits of a modest decrease in purchasing expenses. There will not be a question like this on any assessment.The sales increase targeted percentage is _____ (how many) times bigger than the required percentage decrease in purchasing expenses. (Display your answer as a whole number.)

A firm earned a profit of 40000 on the capital of 300,000. Normal rate of return is 10%.Calculate the value of good”wo points Income and Expenditure A/c with Profit and Loss A/c.(2)will at three years purchase of Super Profit

A cereal company estimates that its monthly cost is 𝐶(𝑥)=400𝑥2+300𝑥C(x)=400x 2 +300x and its monthly revenue is 𝑅(𝑥)=−0.6𝑥3+900𝑥2−400𝑥+700R(x)=−0.6x 3 +900x 2 −400x+700, where x is in thousands of boxes sold. The profit is the difference between the revenue and the cost.What is the profit function, P(x)?A.𝑃(𝑥)=0.6𝑥3−500𝑥2+700𝑥−700P(x)=0.6x 3 −500x 2 +700x−700B.𝑃(𝑥)=0.6𝑥3−1300𝑥2+100𝑥+700P(x)=0.6x 3 −1300x 2 +100x+700C.𝑃(𝑥)=−0.6𝑥3+1300𝑥2−100𝑥+700P(x)=−0.6x 3 +1300x 2 −100x+700D.𝑃(𝑥)=−0.6𝑥3+500𝑥2−700𝑥+700P(x)=−0.6x 3 +500x 2 −700x+700SUBMITarrow_backPREVIOUS