The table below contains the results of a Monte Carlo simulation with 500 trials to determine the expected NPV. What is the correct formula in cell B509 to determine the probability that the NPV will be less than or equal to zero?
a) =NORMDIST(0,B506,B508,TRUE)
b) =NORM.S.DIST((0-B506)/B508,TRUE)
c) =COUNTIF(B4:B503,"<=0")/COUNT(B4:B503)
d) All of the above
e) None of the above
d) All of the above
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A. Benefits B. Money C. Measurability D. Education
Mars Company had cash sales of $10,000. The state sales tax rate is 10.8%. What amount is debited to the Cash account?
A) $10,000 B) $11,080 C) $1080 D) $1000
Which one of the following statements is true regarding the decision-model approach to research?
a. A premise underlying this research approach is that decision-makers may need to be taught how to use information they are unfamiliar with. b. This approach has become more important with the rise of empirical research in accounting. c. Some advocates of newer approaches have declared that this approach is too scientific. d. The decision-model approach does not parallel those of standard-setters because standard-setters must cope with the politics of the regulatory process.
What is the break-even point for a company?
What will be an ideal response?