Agame has an expected value to you of $600. it costs $600 to play, but if you win, you receive $100,000 (including your $600 bet) for a net gain of $99 comma 400. what is the probability of winning?

Juwana was turned down for a car loan by a local credit union she thought her credit was good what should her first step be

rural residential development company and suburban real estate corporation form a joint stock company. the longest duration a joint stock company can be formed for is

Magic realm, inc., has developed a new fantasy board game. the company sold 15,000 games last year at a selling price of $20 per game. fixed expenses associated with the game total $182,000 per year, and variable expenses are $6 per game. production of the game is entrusted to a printing contractor. variable expenses consist mostly of payments to this contractor.required: 1-a. prepare a contribution format income statement for the game last year.1-b. compute the degree of operating leverage.2. management is confident that the company can sell 58,880 games next year (an increase of 12,880 games, or 28%, over last year). given this assumption: a. what is the expected percentage increase in net operating income for next year? b. what is the expected amount of net operating income for next year? (do not prepare an income statement; use the degree of operating leverage to compute your answer.)