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Question: Waterway Makeup produces face cream. Each bottle of face cream costs $10 to produce and can be sold for $13. The bottles can be sold as is, or processed further into sunscreen at a cost of $14 each. Waterway Makeup could sell the sunscreen bottles for $22 each.
What should Waterway Makeup do?
If you can invest money at a 12% return, which option would you prefer?
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Summary information from the financial statements of two companies competing in the same industry follows.
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If a geiger-counter measurement indicates the presence of radio-active pollution, what is the probability that radio-active seepage has occurred?
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