XYZ Corp Expects to Have $350,000 in Sales in a Poor

Multiple Choice

XYZ Corp expects to have $350,000 in sales in a poor economy,$500,000 in a moderate economy,and $900,000 in a booming economy.If the chances of a booming economy and poor economy are 10% each,what is the expected return?

A) 525,000
B) 512,500
C) 500,000
D) 805,000
E) 621,000