-Refer to the Information in the Previous Question

question 22

Multiple Choice

$\begin{array} { lr } \text{Tatal sales revenue}&\text { \$ 10,000,000 } \\ \text{Less: Develapment cost}&\text { 6,000,000 } \\ \text{Less: Land asking price}& \underline{1,000,000} \\\text{Patential gross profit}&\$ 3,000,000 \\ \text{Less: Admin., legal, commissians, etc.}&\underline{1,500,000} \\ \text{Patential net profit}&\underline{\$ 1,500,000} \\ \end{array}$
-Refer to the information in the previous question. You have been advised that sales revenues may be 10 percent lower and/or development costs may be 10 percent higher. Performing a sensitivity analysis, you conclude:

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Definitions:

Glass Cliff

A phenomenon where women or minority group members are more likely to be put in leadership roles during times of crisis or risk, potentially setting them up for failure.

Ethnocentrism

The belief in the inherent superiority of one's own ethnic group or culture.

Pluralism

A condition or system in which two or more states, groups, principles, sources of authority, etc., coexist.

Average Age

The mean age of a particular group of individuals or entities, calculated by dividing the sum of their ages by the number of individuals.