subject
SAT, 09.10.2021 15:40 jordynnmarelich9519

a local pharmaceutical company believes it has a 40% chance of being successful on bidding a contract with the department of health that yields a profit of 3,000,000 php. assuming that it costs 500,000 php in consultancy fees to prepare the bid. what is the expected gain or loss for the company if it decides to bid on the contract?

ansver
Answers: 1

Another question on SAT

question
SAT, 26.06.2019 09:30
What is the highest grade you can score on the act
Answers: 2
question
SAT, 26.06.2019 11:30
Asoccer team has played 25 games and has won 60% of the games it has played. what is the minimum number of additional games the team must win in order to finish the season winning 80% of the games it has played?
Answers: 1
question
SAT, 27.06.2019 12:00
Use the rule of 72 to calculate how long it will take for your money to double if its earning 6% in interest. a. 12yrs b. 16yrs c. 36yrs d. 72yrs
Answers: 2
question
SAT, 28.06.2019 22:30
Which of the following is a characteristic of the coverdell education savings account
Answers: 1
You know the right answer?
a local pharmaceutical company believes it has a 40% chance of being successful on bidding a contrac...
Questions
question
Mathematics, 26.09.2019 09:20
question
History, 26.09.2019 09:20