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

question 15

Multiple Choice

Onyx expects to have an EBIT of $240,000 with a standard deviation of $110,000.The distribution of operating income is approximately normal.If Onyx has interest expenses of $50,000, what is the probability that it will have an operating income that is below $0?

• A)4.27%
• B)1.46%
• C)0.02%
• D)2.4%

---

Definitions:

Gender Subculture

What forms among persons who share gender identities and display common patterns of behaviour.

Gender Paradox

The phenomenon where gender expectations and realities do not always align, often leading to unexpected outcomes in social and professional contexts.

Double-bind Dilemma

The phenomenon where female leaders get criticized when they act consistent with female subculture stereotypes and when they act consistent with male subculture stereotypes.

Marketing Manager

A professional responsible for developing and implementing strategies to promote a company’s products or services to target markets.