The general law of addition for probabilities says P(A or B) = P(A) P(B).
Answer the following statement true (T) or false (F)
False
Review the General Law of Addition: P(A or B) = P(A) + P(B) ? P(A ? B).
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Richards Corporation had net income of $250,000 and paid dividends to common stockholders of $50,000 . It had 50,000 shares of common stock outstanding during the entire year. Richards Corporation's common stock is selling for $35 per share. The price-earnings ratio is
a. 7 times b. 14 times c. 2 times d. 5 times
Which accounting convention could cause an overload of information for the financial statement user?
a. Consistency b. Conservatism c. Full disclosure d. Materiality
A fully-focused organization concentrates on a narrow market segment, but has a wide range of services
Indicate whether the statement is true or false
How is the job change associated with repatriation of an expatriate different from the job change of a domestic worker?
What will be an ideal response?