Suppose you toss a coin and will win $9 if it comes up heads. If it comes up tails, you toss again. This time you will receive $18 if it comes up heads. If it comes up tails, toss again. This time you will receive $36 if it is heads and nothing if it comes up tails. What is the mathematical expectation for this game?

Suppose your rich uncle gave you $50,000, which you plan to use for graduate school. you will make the investment now, you expect to earn an annual return of 6%, and you will make 4 equal annual withdrawals, beginning 1 year from today. under these conditions, how large would each withdrawal be so there would be no funds remaining in the account after the 4th withdraw?

Salge inc. bases its manufacturing overhead budget on budgeted direct labor-hours. the variable overhead rate is $8.10 per direct labor-hour. the company's budgeted fixed manufacturing overhead is $74,730 per month, which includes depreciation of $20,670. all other fixed manufacturing overhead costs represent current cash flows. the direct labor budget indicates that 5,300 direct labor-hours will be required in september. the company recomputes its predetermined overhead rate every month. the predetermined overhead rate for september should be:

How did the change in textile production affect employment in spinning and weaving for adults and children?