Use the Information Below to Answer the Following Questions)

question 32

Multiple Choice

Use the information below to answer the following questions) . Below is a decision tree for the airline revenue management. Create a one-way table and answer the following questions.
-What is the expected value of the ticket when a discount is offered on the full fare? [Hint: Choose the approximate value.]

• A) $ 442.50
• B) $ 472.00
• C) $ 410.00
• D) $ 501.50

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Definitions:

Financial Statement

A written record that conveys the business activities and the financial performance of a company.

Debt-Equity Ratio

The measure indicating the dual use of debt and equity in the economic structuring of a company’s assets.

Dividend Payout Ratio

The fraction of net income a firm pays to its shareholders in dividends, represented as a percentage.

Profit Margin

A financial metric indicating the percentage of revenue that remains as profit after accounting for costs and expenses.