You recently purchased a stock that is expected to earn 14 percent in a booming economy, 9 percent in a normal economy, and lose 4 percent in a recessionary economy. There is 18 percent probability of a boom, 60 percent chance of a normal economy, and 22 percent chance of a recession. What is your expected rate of return on this stock

Depasquale corporation is working on its direct labor budget for the next two months. each unit of output requires 0.61 direct labor-hours. the direct labor rate is $8.70 per direct labor-hour. the production budget calls for producing 6,700 units in may and 7,100 units in june. if the direct labor work force is fully adjusted to the total direct labor-hours needed each month, what would be the total combined direct labor cost for the two months?