A two-component process has an 81% success rate in series and a 99% success rate in parallel. If each component has the same reliability, what is the reliability of an individual component?
A) 50%
B) 90%
C) 99%
D) 18%
E) 81%
B
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Indicate whether the statement is true or false
On January 1, 20x5, Dove Valley Corporation had 100,000 shares of $10 par value common stock issued and outstanding. All 100,000 shares had been issued in a prior period at $30 per share. On February 1, 20x5, Dove Valley purchased 4,000 shares of treasury stock for $36 per share and later sold the treasury shares for $40 per share on March 2, 20x5. The entry to record the sale of the treasury
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