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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?
Missing Factor
Refers to an unknown quantity in multiplication that, when multiplied with a known quantity, yields a given product.
Fill In
A phrase often used in education and testing to describe a task where the respondent must complete or provide missing information.
Combine
The act of merging or bringing things together to form a whole, often used in mathematics to refer to combining like terms or equations.
Simplify
To alter an expression into its most reduced or simplest form, making it easier to understand or solve.
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