A basketball player has an 80% chance of making the first free -throw he shoots. If he makes the

first free -throw shot, then he has a 90% chance of making the second free-throw he shoots.

If he
misses the first free-throw shot, then he only has a 70% chance of making the second free -throw
he shoots. Suppose this player has been awarded two free -throw shots. Find the probability that
he makes at least one of the two shots.
A) 0.80 B) 0.72 C) 0.94 D) 0.86


C

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A machine costing $75,000 is purchased on September 1, Year 1. The machine is estimated to have a salvage value of $10,000 and an estimated useful life of 4 years. Double-declining-balance depreciation is used. If the machine is sold on December 31, Year 3 for $13,000, the journal entry to record the sale will include:

A. A credit to gain on sale for $4,979. B. A debit to loss on sale for $2,625. C. A credit to accumulated depreciation for $59,375. D. A credit to gain on sale for $8,000. E. A debit to loss on sale for $3,042.

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To help deal with some of the emotion that has surfaced during the second meeting, group leader Kathy might

A) call for a standup meeting, which will probably shorten debate. B) ask that each person with a strong preference for either type of rental space, fully express his or her opinion including facts and feelings. C) explain that since this is a law firm, only facts, not feelings, can be entered into debate. D) explain to the group that disagreement on major issues is dysfunctional (harmful).

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The Fifth Amendment protects a defendant from double jeopardy

a. True b. False Indicate whether the statement is true or false

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A instrument "payable to the order of bearer" is neither an order instrument nor a bearer instrument

Indicate whether the statement is true or false

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