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Assume that Kinston has the ability to ignore the pilot production and test marketing and to go ahead and build their manufacturing plant immediately.Further assume that the probability of high or low demand is still 50%.Draw a decision tree that details Kinston Industries Mountain Bike Project if Kinston goes ahead and builds the plant immediately.
Net Income
The total profit of a company after all expenses have been deducted from revenue, indicating the company's financial performance in a given period.
Income Ratio
A financial metric comparing two aspects of a company's income, often used to assess financial health or operational efficiency.
Original Investments
The initial amount of money put into a venture, project, or asset, serving as the basis for generating earnings or losses.
Net Income
A financial metric that represents the profit of a company after all expenses and taxes have been subtracted from total revenue.
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