Question: Kenneth is considering starting a business. He has compiled some projections and probabilities for revenue as a part of his business plan. Based on the
Kenneth is considering starting a business. He has compiled some projections and probabilities for revenue as a part of his business plan. Based on the following information, what is the expected cash flow for the first year of the business? Cash Flow Estimate Probability Year 1: $19300 25% $55500 50% $81100 25% Select answer from the options below $52850 $47050 $50200 $55500
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