A Firm Is Considering a One-Time Sale of $100,000 to a Customer.The

question 39

Multiple Choice

A firm is considering a one-time sale of $100,000 to a customer.The cost of goods sold for this sale is $90,000.If the probability of the customer paying is 0.8,what is the expected profit from this transaction?

• A) $0
• B) −$10,000
• C) +$8,000
• D) +$10,000

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Definitions:

East of the Mississippi

Refers to the geographic area located to the east of the Mississippi River in the United States.

Diverse Place

A location characterized by a variety of cultures, ethnicities, languages, or ecosystems.

Hohokam and Anasazi

Pre-Columbian Native American cultures known for their advanced irrigation systems and cliff dwellings, respectively, in the Southwest United States.

Agricultural Practices

The methods and techniques used in farming and cultivation to produce food, fiber, and other goods, including crop rotation, irrigation, and the use of fertilizers and pesticides.