There is a coin flip game where the participant wins $2,000 if the coin comes up heads and loses $1,000 if the coin comes up tails. Assume a fair coin is used. Select the statement that BEST describes this game. Group of answer choices A risk averse person would pay less than $500 to play this game. A risk seeking person would be willing to pay more than $500 to play the game. The expected value of the game is that the participant wins $500. A risk neutral person would be willing to pay $500 to play this game. All statements are true.

Diversified semiconductors sells perishable electronic components. some must be shipped and stored in reusable protective containers. customers pay a deposit for each container received. the deposit is equal to the container’s cost. they receive a refund when the container is returned. during 2018, deposits collected on containers shipped were $856,000. deposits are forfeited if containers are not returned within 18 months. containers held by customers at january 1, 2018, represented deposits of $587,000. in 2018, $811,000 was refunded and deposits forfeited were $41,000. required: 1. prepare the appropriate journal entries for the deposits received and returned during 2018. 2. determine the liability for refundable deposits to be reported on the december 31, 2018, balance sheet.