A survey of a magazine's subscribers indicates that 50% own a house, 80% own a car, and 90% of the homeowners also own a car. What proportion of subscribers:

a. own both a car and a house?
b. own a car or a house, or both?
c. own neither a car nor a house?


a. 0.45
b. 0.85
c. 0.15

Business

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Which of the following examples is NOT a billing scheme?

a. Mary purchases a new laptop for her brother-in-law with company's funds. b. Mark submits a receipt of his cab fare for reimbursement, which includes an extra $10. c. Joven double pays a vendor for the purchase of inventory and then pockets the second payment when it is returned. d. Harry submits invoices in the name of the dummy company and collects the amount.

Business

Freedman Flowers' stock has a 50% chance of producing a 25% return, a 30% chance of producing a 10% return, and a 20% chance of producing a ?28% return. What is the firm's expected rate of return?

A. 9.41% B. 9.65% C. 9.90% D. 10.15% E. 10.40%

Business

A balanced transportation model should have ________ constraints

Fill in the blank with correct word.

Business

In which of the following situations will the implied warranty of merchantability arise?

a. Yolanda purchased a curling iron from Value Plus Discount Store. b. Morgan sold his CD player to a friend. c. Josh sold his car for $1,000 to a co-worker. d. SafePro, Inc. hired Pamela as a sales consultant.

Business