The expected value of an accountant's profit and loss analysis is 0. explain what this means. choose the correct answer below. a. an expected value cannot be equal to 0. b. since the expected value cannot be less than 0, an expected value of 0 means that the average money gained is equal to or less than the average money spent. c. an expected value of 0 means that the average money gained is equal to the average money spent, representing the break-even point. d. an expected value of 0 means that there was not any money gained or spent.

Option (C) is correct.

Explanation:

Expected value of a particular activity indicates about the profit or loss incurred from that activity. An investor uses the expected value for comparing the money spent on that activity and amount of money gained from that activity or transaction. Hence, according to the expected value of the investment, investor decide whether to invest or not.

Therefore, expected value of zero indicates that the amount of money spent on a particular investment is exactly equal to the money gained from that investment. This point is also known as break-even point.

a recipe serves 8 people, and calls for 5 lbs of apples and 2 cups of flour. you want to prepare it for 24 people. divide 24 by 8 to get 3, and then multiply your ingredients by 3.

so for 24 people, you'll need 15 lbs of apples, and 6 cups of flour.