A normal distribution has a mean of 500 and a standard deviation of 50. A manager wants to simulate two values from this distribution and has drawn these random numbers: -0.6 and 1.4. What are the two values, respectively?

Assuming that the firm can either hold cash paying no interest or invest in marketable securities, which of the following might induce the manager to hold higher cash balances?

A) bank interest rates are expected to increase B) future cash flows are relatively predictable C) the cost of cash balances is relatively high D) the cost of borrowing is high relative to interest rates on marketable securities

Suppose the taco stand manager could wake up a little earlier and borrow his buddy's full size pickup to transport tacos to campus. If time and capacity were not an issue, what would the expected profit be per day?

A) $29,443 B) $31,382 C) $35,000 D) $30,657 c