If a company has a 60% chance of a $75,000 return under normal but a 40% chance of a $20,000 return when money is tight. What is expected return?

$53,000 is the right answer.

FIFTY THREE  DOLLARS53...........

$53,000 is the expected return

Expected Return = (75,000*60%) + (20,000*40%)

                                =45,000 +8,000

                                =53,000

fifty three thousand us dollars.

correct answer <<<<<<<<<<<<

53000

my answer is

  (75000*60%)+(20000*40%)

=45000+8000

=53000

Well, if the probability of $75000 is60% and and40% for $20000 then in this case the expected return will be around $53000.