A survey is conducted about whether consumers carry a V = Vi…

A survey is conducted about whether consumers carry a V = Visa card, MC = Mastercard. They find the probability that a consumer carries a Visa card is given as P(V) = 0.4. The probability they carry a Mastercard is given as P(MC) = 0.45. The probability they carry both is P(V∩MC) = 0.25. Calculate the probabilities of the following events:      a. What is the probability that a customer has a Visa given they have a Master Card? _______      b. What is the probability that a customer has a MasterCard given they have a Visa? _______      c. What is the probability that a customer has either a Visa or a MasterCard? _______      d. What is the probability that a customer does not have a Visa given that they have a MasterCard? _______      e. What is the probability that a customer does not have a MasterCard given they have a Visa? _______      f. What is the probability that a customer has neither a MasterCard or a Visa? _______

Presented below is information on a few select accounts for…

Presented below is information on a few select accounts for Mystic, Inc., for Year 1 and Year 2. Screen Shot 2024-02-08 at 2.30.14 PM.png A) Using only the information in the above account balances, calculate Cash Flow from Operating Activities for the Year 2, using the Indirect method (show calculations). (10 points) B) In addition to the Cash Flow from Operating Activities for Year 2 calculated in question (A), assume that the Cash Flow from Investing activities was -20,000 and the Cash Flow from Financing Activities was +25,000 in Year 2. Using only the information on these three cash flow numbers (i.e., cash flow from operating, investing, and financing activities), comment on Mystic, Inc.’s strategy in Year 2?  (6 points)

Rainbow Writer (RW) is a small company selling an excellent…

Rainbow Writer (RW) is a small company selling an excellent software package for printing special messages directly onto artillery ammunition shells.  The warriors who use these shells believe that the special messages increase the accuracy of their strikes at the enemy.  RW is currently earning $2 million per year selling only to its customers.  Odeon is a company that produces artillery shells, and they have expressed an interest in bundling some of RW’s technology to allow the wives of the warriors to write special messages to the enemy.  Odeon thinks that including RW’s technology would allow it to boost profits above the current $12 million they are earning.  The decision tree above shows the strategies and outcomes of the bargaining game… Odeon will offer either $30 or $40, and RW will accept or reject the offer. What is the equilibrium outcome in this game (i.e. what do you think will happen)?