In a city, 60% of the residents live in houses and 40% of the residents live in apartments. Of the people who live in houses, 20% own their own business. Of the people who live in apartments, 15% own their own business. If a person owns his or her own business, find the probability that he or she lives in a house.
What will be an ideal response?
0.67
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Fill in the blank(s) with correct word
Determining whether the benefit received from more refined information exceeds the cost of obtaining the information is a(n):
a. Pricing decision. b. Activity-based cost model. c. Cost/benefit decision. d. Cost performance report.
Perceived obsolescence involves continually changing consumer concepts of acceptable styles to encourage more and earlier buying
Indicate whether the statement is true or false
Accounting for the day-to-day activities for a partnership or Limited Liability Company is
A) the same as the accounting for any other form of business B) the same as the accounting for a sole proprietorship only C) is not the same as the accounting for any other form of business D) the same as the accounting for a corporation only