If the Most Optimistic Time for Completing an Activity Is

question 85

Multiple Choice

If the most optimistic time for completing an activity is 6,the most likely time is 9,and the most pessimistic time is 14,then the estimated time for the activity is ______.

• A)9.33
• B)11.63
• C)12.38
• D)9.54

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Definitions:

Paid-In Capital

Paid-in capital is the amount of money that a company has received from shareholders in exchange for stock, reflecting the funding provided to the company over and above the par value of the shares.

Retained Earnings

The portion of net income that is kept by a company rather than distributed to its shareholders as dividends, to be reinvested in the business or pay off debt.

Treasury Stock

Shares that were once in circulation but were bought back by the issuing company, decreasing the amount of stock outstanding.

Par Common Stock

The nominal or face value assigned to a share of common stock by the company's corporate charter.