<em>Question Continuation</em>
<em>The probability that a respondent read a book in the last month and is at least 30 years old is the closest to
</em>
<em>
A. 0.33
</em>
<em>
B. 0.88
</em>
<em>
C. 0.46
</em>
<em>
D. 0.12
</em>
<em>See Attachment for complete question
</em>
Answer:
A. 0.33
Explanation:
To solve this question, we need the intersecting cell of Yes and 30+
The probability is then calculated as follows:
Where Total = 200
From the list of given options; (A) is the closest to 0.325
Hence:
<em>Option A answers the question</em>
Answer: (b).no dividend to common stakeholders.
Explanation: The firm should pay no dividend to common stakeholders because the optimal capital requires the use of all their earnings for a given year.
Answer:Revenue Test, profit or loss test and asset test are tests to determine which operating segments require separate disclosure.
Explanation:Revenue Tests is the rough determination of the price elasticity of demand for a company's product, this is done by evaluating changes in income that may arise from price change.
Profit or loss test determines if the business is profitable or not.
An asset test is the company's ability to meet it's short term legal responsibilities.
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