Two companies, rothko, llc, and calder & co., are racing each other to be the first to apply new deep-water drilling technologies to an oil deposit. if rothko, llc gets to the oil first, its stock will increase by 63%, and calder & co.\'s stock price will not change at all. if calder & co. get to the oil deposit first, its stock price will increase by 37%, and rothko\'s stock price won\'t change at all. these are the only two companies trying to tap the deposit.
the chance that calder & co. arrives first is 63%.

note: all answers should be to two decimal places.

1.what is the expected payoff of investing $1000 in rothko, llc? 2.what is the expected payoff of investing the same amount in calder & co.? 3.what is the expected payoff of investing $500 in calder & co. and $500 in rothko, llc?

Carlos would like to start saving for his son’s college expenses. which type of savings account should carlos open? ida money market 529 plan basic savings account

Ida sidha karya company is a family-owned company located on the island of bali in indonesia. the company produces a handcrafted balinese musical instrument called a gamelan that is similar to a xylophone. the gamelans are sold for $860. selected data for the company’s operations last year follow: units in beginning inventory 0 units produced 320 units sold 285 units in ending inventory 35 variable costs per unit: direct materials $ 135 direct labor $ 355 variable manufacturing overhead $ 30 variable selling and administrative $ 15 fixed costs: fixed manufacturing overhead $ 64,000 fixed selling and administrative $ 27,000 the absorption costing income statement prepared by the company’s accountant for last year appears below: sales $ 245,100 cost of goods sold 205,200 gross margin 39,900 selling and administrative expense 31,275 net operating income $ 8,625 required: 1. under absorption costing, how much fixed manufacturing overhead cost is included in the company's inventory at the end of last year? 2. prepare an income statement for last year using variable costing. what is the amount of the difference in net operating income between the two costing methods?

The new york stock exchange is an example of what type of stock market?