Consider the Following to Answer the Question(s) Below

question 1

Multiple Choice

Consider the following to answer the question(s) below:
A company believes that there will be a 50% chance of making a profit of $1,000, a 30% chance of making a profit of $1500 and a 20% chance of making a profit of $2,000.
-Find the standard deviation for the company's profit?

• A) $390.51
• B) $152,498
• C) $350
• D) $18.71
• E) $1,350

---

Definitions:

Liquidation Expenses

Costs associated with winding up a company's operations, selling off assets, and paying off creditors in the event of liquidation or bankruptcy.

Profits and Losses

The financial results of a company's operations, indicating the net money made or lost within a specific period.

Liquidation Expenses

Costs associated with winding down a company's operations, including paying off debts and distributing remaining assets to shareholders.

Capital Account Balances

The value held within capital accounts, reflecting the total equity contributions and adjustments from income, losses, and withdrawals by owners.