subject
Business, 23.04.2021 17:20 andykuzy5447

To generate leads for new business, Gustin Investment Services offers free financial planning seminars at major hotels in Southwest Florida. Gustin conducts seminars for groups of 25 individuals. Each seminar costs Gustin $3,700, and the commission for each new account opened is $5,200. Gustin estimates that for each individual attending the seminar, there is a 0.01 probability that he/she will open a new account. Required:
Determine the equation for computing Gustin’s profit per seminar, given values of the relevant parameters.

ansver
Answers: 2

Other questions on the subject: Business

image
Business, 22.06.2019 08:00, royalkk
In addition to using the icons to adjust page margins, a user can also use
Answers: 1
image
Business, 22.06.2019 11:20, johnlecona210
Security a has a higher standard deviation of returns than security b. we would expect that: (i) security a would have a risk premium equal to security b. (ii) the likely range of returns for security a in any given year would be higher than the likely range of returns for security b. (iii) the sharpe ratio of a will be higher than the sharpe ratio of b. (a) i only (b) i and ii only (c) ii and iii only (d) i, ii and iii
Answers: 1
image
Business, 22.06.2019 12:10, FARHAN14082000
This exercise illustrates that poor quality can affect schedules and costs. a manufacturing process has 130 customer orders to fill. each order requires one component part that is purchased from a supplier. however, typically, 3% of the components are identified as defective, and the components can be assumed to be independent. (a) if the manufacturer stocks 130 components, what is the probability that the 130 orders can be filled without reordering components? (b) if the manufacturer stocks 132 components, what is the probability that the 130 orders can be filled without reordering components? (c) if the manufacturer stocks 135 components, what is the probability that the 130 orders can be filled without reordering components?
Answers: 3
image
Business, 22.06.2019 18:00, tifftiff22
On september 1, 2016, steve loaned brett $2,000 at 12% interest compounded annually. steve is not in the business of lending money. the note stated that principal and interest would be due on august 31, 2018. in 2018, steve received $2,508.80 ($2,000 principal and $508.80 interest). steve uses the cash method of accounting. what amount must steve include in income on his income tax return?
Answers: 1
You know the right answer?
To generate leads for new business, Gustin Investment Services offers free financial planning semina...

Questions in other subjects:

Konu
Mathematics, 05.04.2021 19:30
Konu
Biology, 05.04.2021 19:30