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Hatch Investments buys real estate, develops it and resells it for a profit. A new property is available and the President, Brian of Hatch Investments believes it will sell for $200,000. The owner will sell it to the highest bidder in excess of $130,000. There are two competitors in the auction and Hatch doesn't know what they will bid but knows that each of their bids will be uniformly distributed between $130,000 and $180,000. Simulate this process where Hatch is considering bids of $150,000, $165,000 and $180,000. Do 100 simulations on a worksheet and determine the probability Hatch is successful with each of these choices and determine the best of these three by calculating the expected profit.
Which of the following is a unique advantage of lateral communication?
A transaction where an American seller is to transport the goods by sea from the port of Oakland, California to Vancouver, Canada and the Canadian buyer's sole duties are to arrange for import clearance
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SBC pays interest on its debt equal to $30,000 per year and its marginal tax rate is 35 percent. (a) Compute at SBC's DOL, DFL, and DTL. (b) If sales turn out to be $588,000 rather than $560,000, what will be SBC's EBIT and net income?
Fundamentally, your key reading assignment suggests that being prepared to interact empathically and congenially and to apply the concept of mutuality with those at the negotiating table are important attributes in the negotiation process. Based ..
A machine that cost $780,000 has an estimated residual value of $60,000 and an estimated useful life of six years. The company uses straight-line depreciation. Calculate its book value at the end of year 5. (Do not round intermediate calculations...
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