If x is a binomial random variable, calculate ? for n = 50 and p = 0.7

Quip Corporation wants to purchase a new machine for $300,000. Management predicts that the machine will produce sales of $200,000 each year for the next 5 years. Expenses are expected to include direct materials, direct labor, and factory overhead (excluding depreciation) totaling $80,000 per year. The firm uses straight-line depreciation with an assumed residual (salvage) value of $50,000. Quip's combined income tax rate, t, is 40%.What is the expected net income (after tax) in Year 3 if the proposed investment is undertaken? Round answer to nearest whole dollar.

What will be an ideal response?

It is especially important for managers to attempt to make each member of the newly formed group feel valued during the ______ stage of group development.

A. adjourning B. storming C. norming D. forming