Which of the following is the formula to determine the return on investment for an advertisement?

A. (Advertising cost - Net sales)/Advertising cost
B. (Net sales - Advertising cost)/Advertising cost
C. (Net sales + Advertising cost)/Advertising cost
D. Advertising cost/(Net sales + Advertising cost)
E. Advertising cost/(Net sales - Advertising cost)


Answer: B

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Answer the following statement true (T) or false (F)

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Assuming that each of the 52 cards in an ordinary deck has a probability of 1/52 of being drawn, what is the probability of drawing a black card?

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