Our firm is investing in its production capacity. The expans…

Our firm is investing in its production capacity. The expansion will require a $760,000 investment in new property, plant, and equipment. The expansion will increase sales, which will necessitate an investment of $20,000 and $45,000 in new inventory and accounts receivable, respectively. Expanded sales will require more materials from our suppliers, which will increase our accounts payable by $40,000. What is the investment’s initial cost?

Jeff has a bag of peanut M and M’s with 6 green, 5 red, 4 br…

Jeff has a bag of peanut M and M’s with 6 green, 5 red, 4 brown, 6 blue, 4 yellow, and 6 orange. What is the probability he will reach into the bag and randomly select a red or green M and M? Express your answer as a simplified fraction.  Be sure to type  your answer in the box below for credit.