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A project has an expected value of $165,250.
The estimates of cash inflows and their probabilities are:
What is the missing cash inflow?
Give your answer as a whole number.
Suggested Answer: A
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34 comments · newest first
BE
Beckie
10 months ago
Is it really $192,500? Seems a bit high!
AR
Arlean
10 months ago
Totally agree, that makes sense!
WA
Wade
10 months ago
I think the missing cash inflow is $192,500.
ME
Meghann
11 months ago
Wait, how did they come up with that number?
KA
Kasandra
11 months ago
The expected value is $165,250.
AH
Ahmed
11 months ago
I feel like I’ve seen a question like this before, but I can’t recall the exact steps. I hope I can figure out the missing inflow with the probabilities given.
HA
Haydee
11 months ago
I think the expected value is the sum of all cash inflows multiplied by their probabilities. I hope I can remember how to set that up correctly.
RA
Raylene
12 months ago
I'm a bit unsure about how to find the missing cash inflow. Do we just subtract the known inflows from the expected value?
NA
Nan
12 months ago
I remember we did a similar question in class where we had to calculate expected values based on probabilities. I think I need to set up an equation for this one too.
FR
Franklyn
12 months ago
Okay, I'm feeling more confident now. I'm going to work through this step-by-step and double-check my work. I've got this!
SU
Sue
1 year ago
This looks tricky, but I think I can figure it out. I'll start by writing out the expected value formula and plugging in the given information.
FR
Freeman
1 year ago
I think I've got it! We can use the expected value formula to solve for the missing inflow. Let me work this out.
TO
Tomoko
1 year ago
I'm a bit confused on how to approach this. Do we need to use the expected value formula to solve for the missing inflow?
XE
Xenia
1 year ago
Okay, let's think this through step-by-step. We have the expected value of the project and the cash inflow estimates with their probabilities. We need to find the missing cash inflow.
LE
Lettie
1 year ago
I'm not sure about this one. I mean, what if the project manager is trying to trick us? Maybe the missing cash inflow is actually $192,501, just to mess with our heads. I'm going to go with my gut and say $192,500, but I'll keep an eye out for any hidden curveballs.
JA
Jaime
1 year ago
Hmm, you might be right. We should stay cautious and keep an eye out for any curveballs.
PA
Paris
1 year ago
But what if the project manager is trying to trick us?
JA
Jacinta
1 year ago
I agree, that seems like the most logical choice.
QU
Queenie
1 year ago
I think the missing cash inflow is $192,500.
VI
Viva
1 year ago
This is a no-brainer! The missing cash inflow is clearly $192,500. I could solve this in my sleep. Maybe I should take a nap during the exam and just wake up for the easy questions.
LA
Laurel
1 year ago
Hmm, let me see... Ah, I got it! The missing cash inflow is $192,500. It's the only option that makes the total cash inflows equal the expected value of the project.
GR
Gregoria
1 year ago
Great job! You solved it correctly.
KE
Kent
1 year ago
Yes, I agree. That option would make the total cash inflows match the expected value of the project.
TE
Terina
1 year ago
I think the missing cash inflow is $192,500.
LE
Leonardo
1 year ago
I think the missing cash inflow is $192,500. The expected value of the project is $165,250, and the other cash inflows add up to $172,750. So, the missing cash inflow must be the difference between these two numbers, which is $192,500.
AN
Annamae
1 year ago
Great, we are on the same page with the calculation.
KA
Kati
1 year ago
Yes, that makes sense. The expected value and the total of the other cash inflows support that.
KI
Kimberely
1 year ago
Great, we are all on the same page then. $192,500 it is.
CA
Carlton
1 year ago
I agree, the missing cash inflow is $192,500.
LE
Lemuel
1 year ago
Yes, that makes sense. The expected value and the total of the other cash inflows support that.
RE
Renato
1 year ago
I agree, the missing cash inflow is $192,500.
NI
Nickolas
2 years ago
Well, I calculated it based on the probabilities given in the estimates.
AL
Alesia
2 years ago
I disagree, I believe the missing cash inflow is $180,000.
NI
Nickolas
2 years ago
I think the missing cash inflow is $150,000.