A firm is considering a one-time sale of $100,000 to a customer.The cost of goods sold for this sale is $90,000.If the probability of the customer paying is 0.8,what is the expected profit from this transaction?
A) Zero
B) -$10,000
C) +$8,000
D) +$10,000

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The Answer of A firm is considering a one-time sale of $100,000 to a customer.The cost of goods sold for this sale is $90,000.If the probability of the customer paying is 0.8,what is the expected profit from this transaction?
A) Zero
B) -$10,000
C) +$8,000
D) +$10,000

A Firm Is Considering a One-Time Sale of $100,000 to a Customer.The