Onex Expects to Have an EBIT of $240,000 with a Standard

question 66

Multiple Choice

Onex expects to have an EBIT of $240,000 with a standard deviation of $90,000. The distribution of operating income is approximately normal. What is the probability that Onex will have an EBIT below $0? (Problem requires a normal distribution table.)

• A) 0.47%
• B) 2.67%
• C) 0.38%
• D) 2.25%

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Definitions:

Ethical Decisions

Choices made based on moral principles and values, considering what is right and fair for all involved parties.

Entrepreneurs

Individuals who initiate, manage, and accept the risks of a business venture in order to make a profit.

Ethical Decisions

Ethical decisions are choices made based on moral principles and values, aimed at doing what is right and beneficial for the majority, often involving considerations of fairness, justice, and respect for others.

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Describing something in a very specific, limited manner, often focusing on a small scope or detail.